Prince William First-Time Home Buyer Program

Looking to Buy Your First Home in Prince William County?

If you live or work in Prince William County, Manassas City, or Manassas Park City, you may qualify for this local homeownership assistance program. Whether you're just starting your journey or returning to homeownership after 3+ years, this program is designed to make buying a home more affordable.


 

Program Highlights

Eligibility Area

Must currently live and/or work in and purchase a home in:

  • Prince William County
  • Manassas City
  • Manassas Park City


See area homes that may qualify for this program - click here

Maximum Purchase Price - Homes up to $595,000

Financial Assistance Breakdown

Down Payment Assistance (Silent Second Loan)

  • 20% assistance based on household size and 80% Area Median Income (AMI)

  • 30% assistance based on household size and 60% AMI or below

  • No monthly payments — repayment only when the home is sold, refinanced, or no longer a primary residence

  • Includes Shared Market Appreciation feature

Closing Cost Assistance

  • Receive 3% of the purchase price toward closing costs

Buyer Requirements

  • Must be a First-Time Home Buyer

    (No homeownership in the past 3 years — per HUD definition)

    If you sold a home in 2022, you're eligible

    If you've never owned a home, you're eligible

  • Minimum credit score: 640

  • Must get financing through an approved Virginia Housing lender (formerly VHDA)

  • Must contribute at least 1% of the purchase price from your own funds

  • All adult household members must complete a Financial Education course


Get Started Today

Let’s talk about whether you qualify and review homes in your price range.

Schedule your one-on-one appointment here