First Time Homebuyers Program (FTHB)


FTHB provides loans for down payment and closing cost assistance to First-Time Homebuyers who are low and moderate-income (Income at or below 80% of Area Median Income) residents or persons working in the Prince William Area (Prince William County, the City of Manassas or Manassas Park) through the use of federal funding. 

Funding for the FTHB Program is made available from annual allocations of federal funding from the Home Investment partnership (HOME) program. First trust financing is available for eligible participants through local private lending institutions who are approved by Virginia Housing Development Authority (VHDA).

The Office of Housing and Community Development will accept and process FTHB applications during open application periods subject to funding availability. FTHB funds will be reserved on a first-come first-served basis only upon successful completion of all phases of the application and purchase process as outlined in the program. When funds allocated for the year are depleted all approved applications will be closed and offered the opportunity to re-apply during the next application period.

First-Time Homebuyer: Persons, individuals, families or households cannot have purchased or had ownership interest (own, purchase, co-sign on a loan, inherit, etc. regardless of whether they lived in the property) in a home or other residential property within the last three years anywhere in the United States, foreign land or country.

Credit Score: All borrowers must have a minimum credit score (middle score) as determined by VHDA.

If you need more information regarding the First-Time Homebuyer (FTHB) Program contact Angie Bassette (703) 492-2302 or e-mail [email protected]

Homeownership Forms and Links:

FTHB Self-Readiness Self-Check

FTHB Application Packet - June 2021

Lender Participation List for FTHB

FTHB Flyer:

FTHB Flyer - English  June 2021

FTHB Flyer - Spanish  June 2021

Financial Education Classes

Homeowners Guide to Success

Homeowners Guide to Success "Guide helps borrowers and disaster victims to understand mortgage options and avoid scams"