HOME Investors Partnership Program

The Chesapeake Redevelopment and Housing Authority oversees the HOME Investors Partnership Program. This program assists qualified residents in the City of Chesapeake with the following:

• Down payment/closing cost assistance to qualified homebuyers for the purchase of affordable single family residences.

• Low interest/deferred loans, to qualified homeowners, for improvements to residential structures to correct violations of applicable housing codes and standards

• Low interest loans to qualified residential rental property owners for improvements to correct violations of applicable housing codes and standards

• Provide homeownership and credit counseling services to homeowners who participate in the Authority’s rehabilitation loan and homeownership programs

• Provided financial assistance to local Community Housing Development Organizations (CHDO’s) through a 15% set aside of the Authority’s annual HOME fund allocation

For more information on this program, contact the Community Development Loan/Fair Housing Officer at CRHA. 757-523-0401 or online: www.crhava.org.