[Archived] Opportunity for City’s First Time Home Buyers

City Press Release


	City of Alexandria, Virginia Office of the City Manager Alexandria City Hall 301 King Street, Suite 3500 Alexandria, Virginia 22314-3211 www.alexandriava.gov Telephone: 703.838.4300 Fax : 703.838.6343

Opportunity for City’s First Time Home Buyers

Buying a home in today’s competitive real estate market can be a daunting experience. To help potential home buyers in navigating the challenges of the home buying process, the City of Alexandria is sponsoring its ninth annual Homeownership Fair on March 29, at T.C. Williams High School, 3330 King St. The fair is scheduled for 9:30 a.m. until 1 p.m.

The Homeownership Fair will feature local real estate professionals, lenders, and housing counselors who can help home buyers along the path to homeownership. These representatives can assist potential buyers in finding the right home, shopping for an affordable home loan, and in addressing potential pitfalls in the home purchase process . For persons interested in purchasing a home in Alexandria, the Homeownership Fair provides an invaluable opportunity to gather a range of information in one location–at no cost to the participant. Seminars are offered in both English and Spanish.

Households with incomes up to $79,500 may be eligible to receive assistance from the City through no-interest, deferred payment loans for down payment and closing costs. Depending on the household income, participants may receive assistance of up to $20,000 or $35,000 through these 99-year deferred payment programs.

To obtain additional information on the City’s fair, call 703.838.4622.

###