Program Requirements
All housing programs have income eligibility requirements and involve affordable loans or grants which may be secured with collateral. All programs are administered within Danville city limits. For more information on these programs, contact our office  at (434) 799-5260 or by email.

Homeowner Rehabilitation
Low or no interest loans are available to assist eligible homeowners with necessary housing rehabilitation. Deferred loans are available for elderly and disabled individuals. Deferred loans are interest-free and require no monthly payment. In all cases, taxes must be kept current, ownership must be clear, and the owner must maintain homeowners insurance on the house. Forgivable loans are available in the targeted area.

Affordable Homeownership
Assistance, financial and technical, is provided to eligible low to moderate income citizens to help them become first-time homebuyers. Funds are available to assist eligible families or individuals with the purchase and/or rehabilitation of their first home. The program provides a low-interest loan and some down payment and closing cost assistance. A personal investment (down payment) is required.

New Construction
Eligible families or individuals may qualify for construction of new infill housing in the targeted area. Permanent financing is provided through the Affordable Homeownership Program.

Demolition
This program provides loan funds for the demolition and clearance of houses that are located in low-income areas and are dilapidated and/or not financially feasible to rehabilitate.

Rental Rehabilitation
Rental property owners may qualify for a low-interest loan to rehabilitate rental property. Tenants must meet low- to moderate-income guidelines throughout the duration of the loan. Funds are available on a 50/50 basis in forgivable and direct loans.

Emergency Repair
Deferred loans (no interest, no monthly payment) are available for emergency repairs to eligible owner-occupied houses. The house must be covered by homeowners insurance, and taxes must be current.

Weatherization Innovation Pilot Program for Rental Units
In December 2010, the Housing and Development Division was awarded a grant for a Weatherization Innovation Pilot Program by the Department of Energy which specializes in the weatherization of rental units.  The grant provides for 300 rental units to be weatherized during the course of the program.