Down Payment Assistance (DPA)
Are you trying to buy your first house, but can’t afford the down payment? TAP’s Down Payment Assistance Program can help.
TAP administers the Down Payment Assistance Program (DPA) for the City of Roanoke to help first-time homebuyers purchase a house.
If you have been qualified by a mortgage lender, but cannot afford the full down payment or closing costs, you may be eligible for a 50% match up to $4,000.
HUD’s HOME Investment Partnerships Program provides the funding for the DPA every year in July. Because funding is limited, it is available to our clients on a first-come, first-served basis depending on your day of closing.
To qualify for down payment assistance, you must be purchasing a home within the Roanoke City limits and your household income must be below 80% of the area median income.
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To learn more about the DPA Program or to get help determining if you are eligible, please call our program coordinator, Teffany Henderson, at 540-283-4916.