Homeownership Program - Housing Alexandria

Housing Alexandria Homeownership Program

Thank you for your interest in Housing Alexandria’s Homeownership Program. All homes sold through our program are ‘Shared Equity’ homes. Shared Equity homes are a unique type of homeownership that offers affordable homeownership opportunities to buyers today while maintaining affordability for buyers in the future.

In a nutshell, Housing Alexandria invests money into homes throughout Alexandria. That money acts as a down payment, making the properties more affordable. In exchange for the opportunity to purchase a high-quality home at a deep discount, buyers agree to share in the appreciated value of their home to ensure it remains affordable in the future. Resale restrictions and a resale formula, which are enforced by a legal agreement signed at purchase, allow buyers to receive a modest return on their investment while ensuring the opportunity to purchase is available for similar buyers in the future.

Housing Alexandria is currently building 36 homes on Seminary Road that will be sold to eligible buyers in 2025. Click here to learn more about that development.

All interested buyers will have to complete the following requirements to be eligible to purchase a home through Housing Alexandria’s program:

Attend a Housing Alexandria Shared Equity Homeownership Program (SEHP) Orientation.

You can sign up for our next orientation here

Meet program eligibility requirements:

Live or work in the City of Alexandria
Have a household income less than 80% AMI – click here to learn more about AMI
No prior homeownership

Complete Homebuyer Education through Virginia Housing
- You can find upcoming Homebuyer Education classes here
Obtain a Pre-Approval Letter no more than 30 days before submitting your application from a Virginia Housing-approved lender.
- You can review Housing Alexandria’s Preferred Lender List here.

For more information about our program, review our program guide:

For more information on our home-buying process, please review the following documents:

For more information on Virginia Housing lenders and housing counselors:

Click here to learn more about the City of Alexandria’s Homeownership Resources.

Add your name to our "Interested Homebuyer" mailing list.

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Effective Date: 7/24/2023

At Housing Alexandria, we value your privacy and are committed to protecting your personal information. This Privacy Policy outlines how we collect, use, and safeguard the information you provide when using our website. By using this form, you consent to the practices described in this policy.

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We use the personal information you provide via the “Contact Us” form to respond to your inquiries, suggestions, or feedback. This information is essential to communicate with you effectively and address your concerns.

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If you have any questions, concerns, or requests related to this Privacy Policy or the information we hold about you, please contact us using the following details:

Housing Alexandria
1201 E Abingdon Drive #210 | Alexandria, VA, 22314
Communications@housingalexandria.org
703-739-7775

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