Recognizing the need to extend affordable workforce housing in the Town of Blacksburg, the Office of Housing and Neighborhood Services has implemented a Down Payment Assistance Program. This program is available to all low- to moderate- income residents purchasing a home in the corporate limits of the Town of Blacksburg on a first-come, first-served basis. A grant of $3,000 will be given to qualifying individuals purchasing a home as their primary residence in the Town. Utilizing Community Development Block Grant funds from HUD, the Town of Blacksburg strives to allow all homeowners to live in a safe, sanitary environment, regardless of income. In order to qualify, your total income must be lower than the figures given in the chart below, based on total family size.
| 1
Person | 2
People | 3
People | 4
People | 5
People | 6
People | 7
People | 8
People |
|---|
| Income Limit |
$36,750 |
$42,000 |
$47,250 |
$52,500 |
$56,700 |
$60,900 |
$65,100 |
$69,300 |
To see if you qualify, or to fill out an application, please call the Office of Housing and Neighborhood Services at (540) 951-4336 or email housing@blacksburg.gov.
Last updated: 6/9/2010 5:29:40 AM