The Virginia Department of Housing and Community Development (DHCD) will hold a rescheduled how-to-apply workshop for the new program, Acquire, Renovate, Sell (ARS). The workshop was cancelled due to inclement weather.
The goal of this program is to transform previously undervalued homes into community assets and create new homeownership opportunities for low- and moderate-income, first-time homebuyers.
This is a collaborative program through DHCD and the Virginia Housing Development Authority (VHDA). Under the program, grantees will acquire the homes with leveraged funding, renovate the homes with ARS funding, then resell the homes at fair market value.
While there is no fee to attend, please be sure to register.