The Chesapeake Redevelopment and Housing Authority oversees the HOME Investors Partnership Program. This program assists qualified residents in the City of Chesapeake with the following:
- Down payment/closing cost assistance to qualified homebuyers for the purchase of affordable single family residences.
- Low interest/deferred loans, to qualified homeowners, for improvements to residential structures to correct violations of applicable housing codes and standards
- Low interest loans to qualified residential rental property owners for improvements to correct violations of applicable housing codes and standards
- Provide homeownership and credit counseling services to homeowners who participate in the Authority’s rehabilitation loan and homeownership programs
- Provided financial assistance to local Community Housing Development Organizations (CHDO’s) through a 15% set aside of the Authority’s annual HOME fund allocation
For more information on this program, contact the Community Development Loan/Fair Housing Officer at CRHA. 757-523-0401 or online: www.crhava.org.
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Tina Merritt and the ALL757 Network can be reached at email: tina@tinamerritt.com or 757-287-6338.
The ALL757 Network consists of both buyer and listing specialists helping buyers and sellers in Virginia Beach, Chesapeake, Norfolk, Portsmouth, Suffolk, Isle of Wight County, Hampton, Newport News and Poquoson, Virginia.
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