Loudoun County Employee Home Ownership Grant
Are you a full time or part time employee of the Loudoun County Governmentor Loudoun County Public Schools? If so, there may be a grant for you to purchase your next home! The Public Employee Homeownership Grant Program(PEG) offers qualified employees grants available for $5,000 to purchase a home located within Loudoun County, one for $15,000 to purchase a Loudoun County foreclosure property, or $25,000 to purchase a home located within one of the designated Loudoun County Neighborhood Stabilization Program. Loans are forgivable at 20% of the loan amount annually over a 5 year period as long as the employee does not leave employment, sell the home, or no longer occupies the residence.
For more information and additional requirements, please visit: Loudoun.Gov