Workforce Housing for Home Buyers

 

The Workforce Housing Program is designed to improve affordable housing opportunities so that vital members of our workforce are able to live and work in Virginia Beach.

 

Through the program, buyers at targeted incomes are given a chance to become homeowners when they would have otherwise been priced out of the market by enhancing the affordability of the housing unit by up to 25%. Program participants' mortgage interest is tax deductible and they experience increased wealth in the form of equity.

 

To learn more about the for-sale portion of the Workforce Housing Program, please click on the links below:

 

Eligibility Requirements for Buyers

Shared Appreciation Program

Occupancy Requirements

Refinance Restrictions

Resale Restrictions

How To Apply

Are You Ready to Buy

 

Workforce Housing

Direct: (757) 385-5742 | Email: csmith@vbgov.com