Current Total:
$387,176What's New
FHA Reduces Annual Mortgage Insurance Premiums by 30 Basis Points to Support Affordable Homeownership
BIDEN-HARRIS ADMINISTRATION TO SAVE FHA HOMEBUYERS AVERAGE $800 ANNUALLY ON MORTGAGE PAYMENTS THROUGH PREMIUM REDUCTIONWASHINGTON - [February 22, 2023] The Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), announced a 30 basis point reduction to the annual mortgage insurance premiums (annual MIP) charged to homebuyers who obtain an FHA-insured mortgage. Vice Preside ... View Full Article
2023 Hampton Roads Housing Symposium
Experts Present Solutions to State of Housing in Black America ReportThe Hampton Roads Association of Real Estate Brokers (HRAREB) and Virginia Housing and Community Development Corporation (VHCDC) proudly present the 2023 Hampton Roads Housing Symposium, a forum for meaningful exchange of ideas on increasing home ownership among black and brown families. ... View Full Article
Medical Debt Collections on Credit Reports
Major Credit Bureaus Agree to Reporting ChangesEquifax, Experian, and Trans Union recently announced significant changes to the way medical debt collection data is reported on consumer credit reports. Specifically, the bureaus have agreed to three major changes, which are anticipated to impact 70% of medical collections. Paid medical collection ... View Full Article
VHCDC Project 3133EHS Complete!
VHCDC Housing Development Completes Hampton ProjectVHCDC Project 3133EHS is a is a two-story duplex located in Hampton, VA 23663. This 1,794 square foot multi-family home was donated to Virginia Housing and Community Development Corporation by Wells Fargo, N.A. The structure sits on a 2,073 square foot lot and features 4 bedrooms and 2 b ... View Full Article
Bank of America Partnership Promotes Home Ownership!
VHCDC Partners with Bank of America to Assist First-Time Home Buyers!Homebuyer education is an important first step and is encouraged for all prospective homebuyers. For some, education may be a requirement, specifically first-time buyers, borrowers who use nontraditional credit, or borrowers who use down payment and cost savings programs. That’s why Bank of Americ ... View Full Article
Shop VHCDC.org!