Cfh Inc

Homeownership SuccessThe collaborative program of the Virginia Department of Housing and Community Development (DHCD) and Virginia Housing features a $1.5 million fund designed to help first-time buyers become owners. ARS grantees will acquire homes with leveraged funding, renovate the homes with ARS funding and then resell the homes at fair market value. All activities funded through ARS will benefit individuals and families with income below 80 percent of the average median income (AMI).CFH is completing its eleventh year of administering the Virginia Department of Housing and Community Development's Down Payment Assistance Program providing assistance to first-time home buyers whose annual gross income does not exceed 80% of the area median income. Assistance is provided to eligible applicants in the counties of Prince William, Fairfax, Arlington and Loudoun.

Healthy LivingIn the year ended June 30, 2023 CFH began the Dr. Melanie Rochon Bush Senior Emergency Assistance Program in Fairfax county, and a smaller program in Prince William County. The Fairfax county program is funded by the Fairfax consolidated funding pool and the Prince William program is funded through various funding sources and contributions. The program is intended to intervene, when possible, with those at risk of becoming homeless or having their sustainable housing threatened by financial emergencies. It is our intention to serve seniors over 62 and adults with disabilities with this program. This population tends to live on a fixed income (i.e., a social security check) which often makes them financially vulnerable. Due to age, illness, or disabilities they are unable to seek employment to help improve their financial wellbeing. By assisting when they are facing a financial crisis, we would likely help them avoid eviction and stabilize the household. We currently provide assistance for past due rent, utilities, and medical bills in Fairfax county and a smaller program in Prince William county.

Other direct assistance to help families in need.