Pilot program to offer down payment assistance for Black first-time home buyers

Barry Green has info on a pilot program that aims to help advance Black homeownership in Richmond:

Thanks to a $200,000 grant from the Amandla Fund for Economic and Racial Justice, the Southside Community Development and Housing Corporation is introducing a pilot program to advance Black homeownership in Virginia’s capital city through down payment assistance and housing counseling.

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The pilot program will assist 10 Black first-time home buyers who fall within 80% to 150% of the area median income (AMI) range, providing down payment assistance grants and robust pre- and post-purchase counseling.