The HOME Down Payment Assistance Program (DPA) in the Central Shenandoah Valley region has received funding to assist approximately eight firsttime, low- to moderate-income homebuyers in 2017.
Created to help eligible homebuyers obtain decent, safe and affordable housing, this program has helped approximately 240 people in our region grow their personal wealth and equity through homeownership.
Of the households the CSPDC has helped over the past few years:
- 41% percent have household income levels below 50% of the area median income.
- The majority of households have children under the age of 18 living at home.
- 40% are single-parent households.
- Almost half are minority households represented primarily by Hispanic households, an increasing segment of the region’s minority population.
The CSPDC partners with lenders and housing providers in the area to identify eligible homebuyers. For more information on the HOME program, contact Kimberly Miller, kimberly@cspdc.org, 540-885-5174.