Programs and Services

United Way of Wythe County

Twin County United Way

PROUD PARTNER
 

Homeownership Program

HOPE's Homeownership Program provides a variety of assistance to individuals and families who are interested in owning a home. Housing, credit and budget counseling are key components of the program to adequately prepare clients for making the step to homeownership. Click here for more information on HOPE's housing counseling services.

HOPE also offers a wide-range of mortgage options for any potential buyer, including previous homeowners. Affordable loan packages are available through our lending partners for lower income families as well as buyers who need financing for existing homes, new homes or manufactured homes. HOPE also provides affordable housing solutions through the planned development of new home communities.

HOPE is an intermediary organization for the Virginia Individual Development Accounts (VIDA) Program, which can help you achieve your dream of owning your own home. The VIDA program will match your savings $2 to every $1 you save into a VIDA account. Click here to learn more about the program.

Click here to learn more about the tax credit of up to $8,000 for qualified home buyers authorized by the American Recovery and Reinvestment Act of 2009.

Certifications

Mortgage Options

Planned Communities

HOPE's Deerfield Community is an innovative and environmentally friendly subdivision in Wytheville developed through a combination of federal, state, and private funding. With several lots remaining, Deerfield provides buyers with modular or site-built floor plans around $142,000.

Click here to see a plat of the Deerfield community (pdf).

Affordable financing is available, with monthly payments of principal and interest designed to be 25% of your gross monthly income. These homes are a wonderful opportunity for families with average to good credit and annual incomes under 65% of the area's median income. In Wythe County, that ranges from $26,520 for a family of two, to $33,144 for a family of four, and $38,472 for a family of six.  In some instances, up to 80% of the area's median income is eligible, which equals $40,800 for a family of four.

I'M HOME

The I'M HOME program offers many financing options for any buyer, including previous homeowners, to purchase existing, new or manufactured homes. Many of these options offer higher income level qualifications and are not limited to HOPE-developed properties. Click here to read Manufacturing Housing's Top 10 Truths (pdf).

Click here to see floor plans and spec sheets for new manufactured homes offered through HOPE.

Click here to learn how HOPE's I'M HOME partner, Frontier Housing, plans to replace pre-1976 mobile homes with new energy efficient manufactured homes through pending legislation that would offer $7,500 rebates to purchasers (pdf).

Common Questions

Click here for the U.S. Department of Housing and Urban Development's (HUD) Common Questions from First-time Homebuyers.

Our Partners

Related Publications

Deerfield Update, December 2007 (pdf)
Homeownership Program-A Different Approach to Home Mortgages (pdf)
Fair Housing Resource Guide (pdf)

Contact

For more information about HOPE's Homeownership Program, call Russell Catron at (276) 228-6280, Ext. 213 or email rcatron@wythehope.org.