Redevelopment and Housing Authority (NRHA) 

is a full-service home ownership center who partners with local lending institutions, attorneys, housing developers, realtors, and local, federal and state housing agencies to assist prospective home buyers avail the dream of home ownership.

 

  • NRHA Mission is to demystify the home buying process and empower participants to make informed decisions during the often complex home buying process.

 

  • NRHA Customers are prospective home buyers who choose Norfolk as the place to make their dream of home ownership a reality.

 

  • NRHA Benefits include a “one-stop shop” to facilitate individual goals in achieving home ownership:

 

 

 

Norfolk Homenet Programs

Homeownership Education

Since 1997, HomeNet has been demystifying the home buying process for hundreds of residents. We offer classes in homeownership education both monthly and through our 16-month homebuyers club. Topics include, understanding your credit, choosing a real estate agent, the role of the lender, why you may want a home inspection, protecting your investment from predators, and foreclosure prevention. 

 

To register or obtain a class schedule, please call 757.623.0458.

 

Virginia Individual Development Account Program (VIDA)

 

VIDA is a special savings account program for low-income households that triples participant’s savings to be used toward home ownership:

 

VIDA matches $2 for every $1 you save in a VIDA account.

 

Matching funds are limited to $4,000 per participant with a maximum of two participants per household.

HomeNet, a component of the Norfolk Redevelopment and Housing Authority 

NRHA Benefits

  1. Development of Strategic Plan to Overcome Home ownership Obstacles

  2. Comprehensive Credit Counseling

  3. Pre- and Post-Purchase Home buyer Counseling

  4. VHDA-approved First-Time Homebuyer Education Class

  5. 16-Month Homebuyer Club

  6. Qualified Lenders, Realtors & Attorneys

  7. New Construction Homes

  8. SPARC Interest Rate Discount (Up to 1% on a VHDA mortgage loan)

  9. Note: Although HomeNet homebuyers are encouraged to make a VHDA loan, they are not required.

 

 

 

© 2020 by Native American Group LLC t/a Better Homes and Gardens Real Estate Native American Group.

A licensed real estate firm in the states of VA/NC

 

 

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5224 Indian River Road Suite 104, Va Beach Va 23464

info@nativeamericangroup.com     Call 844-6-GETINFO