ALBEMARLE COUNTY OFFICE OF HOUSING

Homebuyer Assistance Program

• The Albemarle County Office of Housing is pleased to announce the creation of the Homeownership Assistance Program to help low to moderate income, first time homebuyers purchase homes within Albemarle County.  If you meet income and credit guidelines, you may qualify for up to $16,500 towards downpayment and/or closing costs.  Download a copy of the Program and Income Guidelines for program specifics.  Interested?  Call the Office of Housing at (434) 296-5839 or call Piedmont Housing Alliance at (434) 817-2436 for more information.

Home Stride Program

• Home Stride is a loan program available to first-time homebuyers using a Virginia Housing Development Authority (VHDA) loan product for their first trust mortgage. Home Stride allows eligible buyers to borrow up to the lesser of 10% of the sales price or $20,000 to pay downpayment and closing costs.  Payments and interest are deferred for the first 3 years of the loan.  After this deferment period, the interest rate of the loan is 5% for the remaining 27 years of the lean.  The loan has no prepayment penalties and can be paid in full at any time.  To learn more about Home Stride, click here.

The County of Albemarle Office of Housing provides all program services without regards to Race, Color, Sex, Religion, Creed, National Or Ethnic Origin, Age, Familial Status, Handicap Or Disability. The County of Albemarle Office Of Housing Is Accessible To Persons With Disabilities. Accessibility for the Hearing-Impaired Is Provided By Calling the Virginia Relay Center by Dialing 711.