A leaking roof, a broken HVAC system, or a failing septic tank can quickly become a financial crisis for homeowners on a tight budget — but Virginia Beach has a program that can cover up to $30,000 as a grant, with a forgivable five-year loan for costs above that.
The city’s Owner-Occupied Rehabilitation Program provides grants and affordable loans to address health and safety hazards, accessibility needs, or code violations. Funding is limited and awarded based on availability, so eligible homeowners are better off reaching out sooner rather than waiting.
If costs exceed the $30,000 grant, the homeowner signs an agreement with the city for an unsecured, forgivable five-year loan — meaning homeowners who stay in their home and meet the terms owe nothing back.
Who qualifies
To be eligible, applicants must meet all three of these conditions: household gross (pre-tax) annual income must not exceed 80% of the Area Median Income; applicants must own and occupy their Virginia Beach home; and applicants cannot own any other real estate…