‘Ready, Set, Close!’ is designed for interested first-time homebuyers and builders
Qualifying homebuyers and home builders interested in Henrico County’s affordable housing initiative can get information on how to participate and ask questions about available homes at an event set for Thursday, Sept. 24.
“Ready, Set, Close! First-Time Buyer Event” is scheduled for 4 to 7 p.m. at Deep Run Recreation Center, 9900 Ridgefield Parkway. The information fair is free and open to the public and will be held as an open house. Attendees are welcome to arrive at any time.
The Henrico County Board of Supervisors announced the Henrico Affordable Housing Trust Fund in May 2024 to help residents priced out of the local housing market gain access to affordable homeownership. Since the trust fund’s establishment, 87 homes built with its support have been purchased at a reduced price by qualifying first-time homebuyers. Currently, 472 homes are approved for funding through the trust fund.
At Ready, Set, Close!, prospective homebuyers will be able to meet with staff from the county’s nonprofit partners including Partnership for Housing Affordability, Housing Opportunities Made Equal (HOME) of Virginia, the Maggie Walker Community Land Trust, Local Initiatives Support Corporation (LISC) Virginia, Richmond Habitat for Humanity and Virginia Housing to discuss homeownership programs.
Attendees also can learn about homes that are available or soon will be through the Henrico Affordable Housing Trust Fund from the program’s home builder partners, including Stanley Martin Homes, HHHunt Homes, StyleCraft Homes, Ryan Homes, Center Creek Homes and D.R. Horton.
The Henrico Affordable Housing Trust Fund is designed to help first-time homebuyers whose annual income falls below a certain level purchase a home in Henrico at a more affordable price, said Revitalization Specialist Emily Hurley.
“At the Henrico Department of Community Revitalization, we understand that buying your first home has never been more challenging,” Hurley said. “The Henrico Affordable Housing Trust Fund seeks to increase the number of affordable homes and help residents realize the dream of homeownership. We encourage prospective first-time buyers to attend Ready, Set, Close!”
Hurley noted that the information fair is open to home builders and developers who want to learn more about incentives Henrico can offer for-profit and nonprofit builders and developers to create quality, affordable housing in the county.
Ready, Set, Close! is designed to be accessible for everyone. Individuals who may need accommodations are asked to contact Hurley by Thursday, Sept. 10, at 804-501-7612 or [email protected].