Bridgewater, VA — On Monday, March 1 Central Valley Habitat for Humanity (CVHFH), local non-profit and affiliate of Habitat for Humanity International, received a $450,000 forgivable loan from The Virginia Department of Housing and Community Development (DHCD) through the Affordable and Special Needs Housing program. This loan will allow CVHFH to move forward toward the goal of improving communities by providing decent, affordable housing.
DHCD administers the Affordable and Special Needs Housing program and combines state and federal resources to ensure a simplified application process. Funding comes from three main sources: the federal HOME Investment Partnerships Program, the federal National Housing Trust Fund (NHTF) and the Virginia Housing Trust Fund. As long as the loan money is used to build homes, the loan does not have to be paid back.
The Avenue to Family Housing project will build three duplexes for a total of six units on two separate sites in Harrisonburg and Rockingham County. Four of these units will be developed using the funds from the ASNH grant on Virginia Avenue in Harrisonburg, and a fifth unit will be developed using these funds in the Brentwood subdivision located in Rockingham County. Roads, curbs, sidewalks, and water and sewer infrastructure have been established at both sites. Families will participate in seminars that prepare them for first-time homeownership and contribute to the construction of their homes, performing 200 hours of “sweat equity.”
“As the COVID-19 pandemic continues to create housing challenges in our Commonwealth and across the country, we are pleased to deploy this funding to support Virginians who are most in need,” said Governor Northam. “The Affordable Special Needs Housing program is a valuable resource for increasing the availability of safe, affordable, and sustainable housing for low-income Virginians, particularly those with special needs. With this round of funding, we will advance projects that strengthen our communities and help ensure every Virginia resident has the opportunity to build a healthy, productive life in our Commonwealth.”
With the loan money from DHCD the affiliate is targeting being able to finish the five homes in the next 18 months. This will allow them to place five local, low-income families in their homes by mid 2022.
According to Executive Director David Wenger, “This funding will allow us to place five families that have already been through the application process. Just as importantly, it will allow us to begin planning our next home builds so that we can continue to address the ongoing need for affordable housing in Harrisonburg and Rockingham County.”
About Central Valley Habitat for Humanity
CVHFH was first organized in 1988 and just recently celebrated 33 years of building up the community. Habitat for Humanity has an open door policy: All who believe that everyone needs a decent, affordable place to live are welcome to help with the work, regardless of race, religion, age, gender, political views or any of the other distinctions that too often divide people. In short, Habitat welcomes volunteers and supporters from all backgrounds and also serves people in need of safe, decent, and affordable housing. Visit the website www.centralvalleyhabitat.org or find them on Facebook and Instagram @CentralValleyHabitat and Twitter @CentralValleyVA.