Are You Struggling to Pay Rent Due to the COVID-19 Pandemic? Our Services FINANCIAL OPPORTUNITY CENTER HOUSING COUNSELING CENTER Housing Counseling Center Our Housing Counseling Center is a part of our Homeownership program. Our areas of expertise include pre-purchase, Down Payment Assistance and foreclosure prevention. If you’re interested in buying your first home, and need help deciding if you’re ready, get in touch with one of our housing counselors today! DOWNPAYMENT ASSISTANCE FORECLOSURE PREVENTION VIDA MATCH PROGRAM Downpayment Assistance — Buying a house is an exciting step towards financial stability; best of all, we’re here to help you! We start our assistance process by having potential clients ask themselves a few questions. ONE Are you ready to buy your first home? TWO Is your credit score above 620? THREE Do you have at least $1,500 in savings? FOUR Is your annual income at least $35,000? We offer down payment assistance for Henrico County and the City of Richmond. Please complete the following steps to see if you qualify. — STEP ONE APPLY NOW Use the button to the right to proceed to our online application; create a username and password to complete the intake form. Please note, incomplete applications will delay processing. — STEP TWO The system will notify one of our Counselors; Our counselors will then review your application and contact you to discuss your situation and set a plan of action and or appointment. Please allow up to 7 business days for us to process your application. — STEP THREE CREDIT REPORT Use the button to the right to request a credit report. You must be enrolled in one of our counseling programs to request a credit report. After SCDHC has received payment, you will receive confirmation from a counselor. Please note, fees for credit reports are non-refundable. DOWNPAYMENT ASSISTANCE FORECLOSURE PREVENTION VIDA MATCH PROGRAM Foreclosure Prevention — Are you having problems paying your mortgage? Are you facing foreclosure? There are options and we may be able to help. Our HUD approved Foreclosure Intervention counselors can assess your situation and make recommendations based on current government or lender programs. Together, you and your counselor can draft up a process that suits your current financial situation. Next Steps — STEP ONE Use the button to the right to proceed to our online application; create a username and password to complete the intake form. Please note, incomplete applications will delay processing. APPLY NOW — STEP TWO The system will notify one of our Counselors; Our counselors will then review your application and contact you to discuss your situation and set a plan of action and or appointment. Please allow up to 7 business days for us to process your application. DOWNPAYMENT ASSISTANCE FORECLOSURE PREVENTION VIDA MATCH PROGRAM VIDA Match Program — The Virginia Individual Development Accounts (VIDA) program helps qualified individuals save for a down payment on a home. Eligible participants receive training, support and match funding on their savings. The current match rate is $8 for every $1 the participant saves, up to $4,000 in match. ONE Are you a U.S. citizen or legal resident living in Virginia? TWO Are you ready to purchase a home within 6 to 24 months? THREE Was your net worth less than $10,000 at the end of last year? FOUR Are you within the household income requirements below? Next Steps — STEP ONE Use the button to the right to register for our Virtual Financial Wellbeing/Budget Workshop/VIDA Orientation Workshop. Attending this workshop is required to enroll in the VIDA program! REGISTER HERE — STEP TWO Use the button to the right to proceed to our online application; create a username and password to complete the intake form. Please note, incomplete applications will delay processing. APPLY NOW — STEP THREE The system will notify one of our Counselors; Our counselors will then review your application and contact you to discuss your situation and set a plan of action and or appointment. Please allow up to 7 business days for us to process your application. Learn about our Financial Opportunity Center. Southside Community Development & Housing Corporation RESOURCES DONATE 1624 HULL STREET RICHMOND, VIRGINIA 23224 144 WEST D STREET — #103 ENCINITAS, CALIFORNIA 92024 HOME AFFORDABLE HOUSING COMMUNITY NEWSLETTER CAREER OPPORTUNITIES CONTACT About RACIAL EQUITY OUR TEAM OUR BOARD Financial Opportunity Center WORKSHOPS Housing Counseling Center DOWNPAYMENT ASSISTANCE FORECLOSURE PREVENTION VIDA MATCH PROGRAM