Home
About Us
First Time Homebuyer Programs in Virginia
by: Iola BonggayIn 1972, the Commonwealth of Virginia has constituted the establishment of the Virginia Housing Development Authority in an effort to respond to the needs of Virginians who seek quality, affordable housing.
|
|
Since it's establishment, the authority providing fixed, low-interest rate mortgages, primarily to first-time homebuyers and developers of quality rental housing.
In addition, the Virginia Housing Development Authority, more commonly referred to as VHDA, has also been assisting Virginians in ways other than the provision of mortgages. The authority has also been providing free homeownership classes and seminar sessions that help people with disabilities and the elderly make their homes more livable.
The VHDA is a self-supporting agency that does not use taxpayer funds to support their programs and initiatives. Instead, the VHDA raise money in the capital markets to fund their loans.
Among all of the first time homebuyer programs of the VHDA, the following are the most notable:
(continued...)
First Time Homebuyer Programs in Virginia
Page 2
About The Author
Iola Bonggay is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. She also maintains Websites providing resources on environmental grants and grants for youth programs. |
Additional Resources
category - Home Buying Programs
First Time Homebuyer Programs in Virginia
Keystone Home Loan Program For First Time Homebuyers in Pennsylvania
Can You Use Government Grants to Become A Real Estate Entrepreneur?
Government Grants for Housing Assistance
Follow @topgovtgrant
Social Entrepreneurship
Spotlight
Honest Tea: Living Somewhere in the Grey
“TEO” and co-founder of Honest Tea, Seth Goldman, talks about living in a shade of grey – businesses wouldn’t exist without its consumers. As he said, “There are current issues we deal with, and even if we solve one of those issues, we should be moving on to the next one. As long as we are a consumer-based economy, there’s no way around it. No way to totally lose that area of grey.”
