(RECAP: With lower credit score and down payment requirements, Virginia Housing Development Authority (VHDA) and Federal Housing Administration (FHA) loans are well loved first-time home buyer financing options. There are also many grant options available for first-timers through the VHDA and Federal Home Loan Bank.)
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(RECAP: National affordable housing leader Enterprise Community Investment and nonprofit Community Preservation and Development Corp. (CPDC) are combining their resources to better serve low- and moderate-income households in the mid-Atlantic region, the firms announced Tuesday.)
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(RECAP: A new pilot program aims to help Virginians who are “aging out” of the foster care system. DSS will continue administering the Fostering Futures program and coordinate with the new housing support options. DHCD will award grants from existing housing support resources to local nonprofits to provide direct help to young adults. VHDA will augment the DHCD-administered Affordable and Special Needs Housing program for each year of the pilot.)
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