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What's New

Displaying 1-5 of 52 results.
Mar 16, 2023

FHA Reduces Annual Mortgage Insurance Premiums by 30 Basis Points to Support Affordable Homeownership


WASHINGTON - [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

Mar 12, 2023

2023 Hampton Roads Housing Symposium

Experts Present Solutions to State of Housing in Black America Report

The 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

Aug 30, 2022

Medical Debt Collections on Credit Reports

Major Credit Bureaus Agree to Reporting Changes

Equifax, 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

May 29, 2022

VHCDC Project 3133EHS Complete!

VHCDC Housing Development Completes Hampton Project

VHCDC 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

Aug 12, 2021

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

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