Loudoun County announces the availability of $8 million provided by the Virginia Housing Development Authority (VHDA) to help first-time homebuyers. The allocation of funding through the VHDA’s Sponsoring Partnerships and Revitalizing Communities (SPARC) program will provide lower interest rates on homeownership loans in the county.
To qualify for the program, the prospective homebuyer must:
Homebuyers do not have to participate in Loudoun County’s homeownership programs to use this VHDA program. Program participation is subject to availability and approval. For details on Loudoun County’s home loan programs, including SPARC, visit loudoun.gov/HomeLoanPrograms or contact Hannah Choi by email or phone 703-777-0353.
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