VHDA Homeownership Classes Set for Richmond

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RICHMOND, Va. – Are you interested in becoming a homeowner but don’t know where to begin? The Virginia Housing Development Authority and local nonprofits are offering free homeownership education classes throughout March in the Richmond area.

Homeownership education classes cover topics including credit issues, personal finances, home inspections and the role of lenders and real estate agents. To become eligible for VHDA loans, borrowers must complete VHDA’s Homeownership Class.

Attend one of the many free sessions below to learn about the advantages of homeownership.

PETERSBURG

• March 1, 2008 from 8:30 a.m. – 2:30 p.m. at the First Baptist Church, located at 25720 Greensville Ave. Hosted by West Petersburg & Vicinity Awareness. For more information, please contact Pauline Bonner at (804) 732-1052.

RICHMOND

• March 11, 2008 from 5:30 – 8:30 p.m. and March 12, 2008 at the Southside Community Development and Housing office, located at 1624 Hull St. For more information, please contact Dianna Herndon (804) 231-4449.

• March 11 and March 13, 2008 from 6:30 p.m. – 9:30 p.m. at the Virginia Housing Development Authority, located at 601 S. Belvidere St. For more information, please contact VHDA’s Contact Center toll-free at 1-877-VHDA-123.

• March 13 and March 20, 2008 from 6:30 p.m. – 9:30 p.m. at the Randolph Community Center, located at 1415 Grayland Ave. Hosted by the National Caucus and Center for Community Economic Development. For more information, please contact Leonard Gray at (804) 448-9099.

• March 15, 2008 from 9:00 a.m. – 3:00 p.m. at the New Deliverance Evangelistic Church, located at 1701 Turner Road. Hosted by the Upper Room Housing Agency. For more information, please contact Rick Anthony at (804) 276-2390.

• March 22, 2008 from 10:00 a.m. – 4:00 p.m. at the East End Branch Richmond Public Library, located at 2414 R St. Hosted by the New Vision Civic League. For more information, please contact Freda Bolling at (804) 225-9255, press 1.

For a complete listing of VHDA’s Homeownership Classes, please visit www.vhda.com.

About VHDA VHDA was created by the General Assembly to help make housing more affordable for Virginians. In addition to providing loans to developers for the creation, rehabilitation and renovation of affordable rental units, VHDA provides loans to consumers to purchase and/or renovate homes. VHDA raises money by selling bonds to private investors; the authority does not receive federal or state funds to finance any of its lending programs. VHDA lends money to homebuyers via a network of lenders throughout the state. Prospective purchasers apply for a VHDA-financed loan through a local lender, who will process the loan application and then approve and close the loan on VHDA’s behalf.

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