What is the Silver Lining Initiative?
The Silver Lining Initiative is a partnership between you and Fairfax County that can help bring the dream of buying a home within reach. The Home Equity Loan Program (HELP) is a loan for up to $91,767 (loan amount is determined by your household income and the price of the house) that can be used to close the gap between an affordable first mortgage and the sales price of a market rate home. Please see the income limits in the box below. Who can participate in the Silver Lining Initiative? Priority for the program will be given to households currently on the existing First-time Homebuyers waiting list, Fairfax County Public Schools and Government employees, and current HCD clients who are working towards homeownership as part of a special initiative. Once outreach has been completed to these three groups, the program will open up to others if funds are still available. How does HELP work? Once your HELP application is approved, HCD issues you a Preliminary Award Letter indicating how
