creating foundations for hope
Thanks to our partnership with two state agencies, CFH buys and renovates homes to sell affordably to income-qualified purchasers.
CFH has provided homes as well as down payment assistance and educational opportunities to help those who are working to realize the American dream.
CFH has turned several Northern Virginia homes into first-time home-buying opportunities, thanks to our having been one of four organizations statewide to be selected to participate in Virginia’s Acquire-Rehab-Sell program. Using grant funds from the Virginia DHCD, CFH updates and renovates the homes, preparing them for sale to first-time buyers. The proceeds go directly into our other charitable existing programs and help us develop additional programs to meet community needs.
Now Available! 1601 Airport Avenue, Fredericksburg
Price: $350,000
This newly renovated 3 bedroom +bonus room townhouse in Fredericksburg is available to qualified first-time homebuyers. The home has two full and two half baths, a garage, deck, a new roof, updated kitchen and appliances.
All offers must come from first time homebuyers, as specified by Virginia Housing, and completed a VA Housing homebuyer education course and must work with a housing counselor. Offers will only be considered if applicants fall within Virginia Housing’s income limits based on household size: $141,000 for households of 2 or less and $164,000 for household of 3+. This property is SPARC eligible, please speak with your lender. Applications can be found at Cfhva.org and at the property. We offer down payment and closing cost assistance for those under 80% AMI HUD Limits.