Assistance for First-time Homebuyers

As part of a larger City initiative to increase homeownership, Harrisonburg Redevelopment and Housing Authority (HRHA) will operate a Homebuyer Assistance Program to support low to moderate income families and individuals purchase homes in the $250,00 (Updated February 2021) and below market within the City of Harrisonburg.

Stop by the Reservoir Street Office (143 Reservoir Street) or call (540) 437-9545 to speak to our Program Coordinator.
More information and initial application below.

The Homebuyer Assistance Program helps you purchase your own home by:

  • Connecting you with community resources to improve your credit score and financial readiness
  • Helping you understand the home buying process, including a required, free online course
  • Providing financial assistance through one or both of the following:
    • (Updated 2021) Down Payment Assistance up to $6,000 through a low interest (1.5%) loan to assist over a 5-year term
    • Closing Cost Assistance up to $4,000 through a forgivable loan over a 5-year term (do not need to pay back as long as you reside in the home for 5 years).

“I am very grateful for the Homebuyer Assistance Program because without it, I would not be a home owner now! I really appreciated Everett’s enthusiasm and support and I enjoyed the online education class that was required as well. There are so many details and confusing elements to buying a home, especially for a first-timer like me, but for the most part I was able to make it through without too many mistakes. I am so thankful this program exists and I just want to shout it from the rooftops in case more people qualify and don’t know about it!…I cannot wait to see what the future holds for my family in our new home and in this great community. Thank you to everyone who played a part in helping me through this!”

Katie and her husband standing in front of their new home in Harrisonburg

“The Homebuyer Assistance Program was invaluable to us as first time homebuyers. It allowed us to make a larger down payment which should really help us out financially in the long term. The online course presented a lot of useful information and was user friendly, making it easy to understand all the new information that can otherwise be intimidating when it is your first time buying a home. We are so thankful that we had the opportunity to participate in this program and purchase our first home!”

Do I Qualify?

Yes, to be able to participate in the program, your income must be between 50%-80% of the area median income. Check the chart below to see if you qualify.

Area: Harrisonburg/Rockingham FY 2021 Median Family Income: $66,700

Adjusted Income Limits (by household size)

1 Person 2 Persons 3 Persons 4 Persons 5 Persons 6 Persons 7 Persons 8 Persons
Extremely Low (30%) $14,350 $17,420 $21,960 $26,500 $31,040 $35,580 $40,120 $44,660
Very Low Income (50%) $23,950 $27,400 $30,800 $34,200 $36,950 $39,700 $42,450 $45,150
Low & Moderate Income (80%) $38,300 $43,800 $49,250 $54,700 $59,100 $63,500 $67,850 $72,250

This program is currently be funded jointly by HRHA and the City of Harrisonburg, therefore all homes purchased through the program must be within the City of Harrisonburg limits.

Looking at homes in the county but need assistance? Check in with the Central Shenandoah Planning District Commission about their first time homebuyer program.

No, HRHA does not buy the home. We provide down payment and closing cost assistance, as well as insight through the process. You will work with your own real estate agent and lender to find a home and secure a mortgage.

To apply for the program, fill out this initial application and submit it online. Our Homebuyer Assistance Program coordinator Everett Brubaker will be glad to help you through the program process. You can also call him to learn more: (540) 437-9545.

The Homebuyer Assistance Program helps you purchase your own home by:
+ Connecting you with community resources to improve your credit score and financial readiness

+ Helping you understand the home buying process, including a required, free online course

+ Providing financial assistance through one or both of the following:
– up to $6,000 through low interest (1.5%) loan to assist with down payment (5-year term)
– up to $4,000 through no interest, forgivable loan (if in home for 5 years) to assist with closing costs

Ready to learn more? Fill out the initial program application here.