Certain areas of the state are designated as Areas of Economic Opportunity, also known as Federal Targeted Areas. To help stimulate growth within these areas, VHDA is permitted to relax certain loan program requirements. We may:

• Raise the maximum allowable income and sales price limits.
• Waive the first-time homebuyer restriction.*

The Geographic Look-up and Targeted Area Search tool are provided as a convenience to visitors of VHDA's web site. Accuracy of the results is not guaranteed.

* Mortgage applicants may not have held an ownership interest in a principal residence within the past three years. This applies to VHDA's First-time Homebuyer programs (Mortgage Revenue Bond) unless a property is located within a Federal Targeted Area.