Sponsoring Partnerships and Revitalizing Communities Program (SPARC). This program offers a mortgage interest rate reduction to moderate-income first-time homebuyers who purchase in Northern Virginia.

This is a program that allows a buyer to lower the Interest Rate over the first two years of a loan,* making home purchase more affordable at the start. 

Choosing to purchase a home is a significant decision that requires financial planning. Virginia Housing provides grants and loans to enhance affordability for your first home, expediting the down payment saving process.