Summary answer: Yes — Virginia Housing's Down Payment Assistance (DPA) Grant offers 2.5% of purchase price (FHA) or 2.0% (Conventional) that doesn't need to be repaid, with a $500,000 sales price cap that covers Ashburn's condo inventory well but falls short of the area's typical single-family price. The Standard Bond option, with an $800,000 cap, covers a meaningful share of Ashburn's townhome and entry-level single-family market.

I'm Johnny with JQ Real Estate. Here's how these programs actually apply to Ashburn specifically.

The two main Virginia Housing options, and their fit for Ashburn

Program Assistance Sales Price Cap Fit for Ashburn
DPA Grant 2.5% (FHA) or 2.0% (Conventional), no repayment $500,000 Covers condos well
Standard Bond Below-market rate financing $800,000 Covers townhomes and entry-level single-family

Why the caps matter for your specific target

Given Ashburn's single-family median often runs $800,000+, the Standard Bond's $800,000 cap covers the lower end but not the area's full range — worth checking against your specific target property.

Basic eligibility requirements

  • First-time buyer status — no homeownership in the preceding three years (some exceptions apply)
  • Minimum credit score of 620
  • Household income under the applicable limit

Getting to know Ashburn

Ashburn sits in eastern Loudoun County, served by the Ashburn and Loudoun Gateway stations on the Silver Line, Route 7, and the Dulles Greenway. Communities like One Loudoun and Brambleton mix newer townhomes and single-family homes, and the area is home to the region's largest concentration of data centers, often called Data Center Alley. When you compare homes here, look at how each one fits your daily routine: the drive or transit ride to work, the distance to shopping and parks, and the character of the surrounding streets. Those practical details often matter as much as the house itself.

Find out what you actually qualify for

Reach out and I'll connect you with a lender who specializes in DPA programs for Ashburn buyers.

For more Ashburn buyer and seller questions, visit our Ashburn real estate hub.