Virginia Housing Update

government building framed with tulips

Virginia Housing (formerly referred to as VHDA) offers affordable loan programs for Virginians. With the update of Income and Sales Prices in addition to an increase of Loan Limits, Virginia Housing continues to provide special homeownership opportunities.


Effective August 19, 2022:

Untitled Document
Area Maximum Gross Household Income Sales Price/Loan Limit
  2 or Fewer People 3 or More People New & Existing Construction
Standard With Virginia Housing DPA or CCA Grant Standard With Virginia Housing DPA or CCA Grant
Washington | Arlington | Alexandria $162,000 $129,600 $189,000 $151,200 $665,000
Charlottesville $98,000 $78,400 $113,000 $90,400 $375,000
Richmond $98,400 $78,700 $114,900 $91,900 $425,000
Norfolk | VA Beach | Newport News $98,000 $78,400 $113,000 $90,400 $390,000
Culpeper | Rappahannock | Warren $106,000 $84,800 $123,000 $98,400 $600,000
All Other Areas of Virginia $95,000 $76,000 $110,000 $88,000 $330,000

Calculation of maximum household income varies depending on program type or if combined with an MCC (Mortgage Credit Certificate) or Virginia Housing Down Payment Assistance (DPA) grant. For Metropolitan Statistical Area (MSA) details.

Virginia Housing - Metropolitan Statistical Area (MSA) Details

Untitled Document
Washington | Arlington | Alexandria Norfolk | Virginia Beach | Newport News
Arlington County
Clarke County
Fairfax County
Falls Church
Fauquier County
Loudoun County
Manassas Park
Prince William County
Spotsylvania County
Stafford County
Gloucester County
Isle of Wight County
James City County
Mathews County
Newport News
Virginia Beach
York County
Richmond Charlottesville
Amelia County
Charles City County
Chesterfield County
Colonial Heights
Dinwiddle County
Goochland County
Hanover County
Henrico County
King William County
New Kent County
Powhatan County
Prince George County
City of Richmond
Albemarle County
Fluvanna County
Greene County
Nelson County
  • These limits apply to all Virginia Housing loans. Virginia Housing Plus combined first and second mortgage cannot exceed maximum sales price limit.
  • Loan amounts that include financed guaranty fees or mortgage insurance premiums cannot exceed Virginia Housing’s sales price limits.
  • Please check with your Virginia Housing-approved lender to verify income, sales price and loan limits for your purchase.
  • Conventional loans follow the maximum conforming loan limits.
  • The information contained herein (including but not limited to any description of Virginia Housing and its lending programs and products, eligibility criteria, interest rates, fees and all other loan terms)
    is subject to change without notice.
  • George Mason Mortgage is not endorsed by, sponsored by, or affiliated with any government agency or programs

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