Division of Housing and Neighborhood Revitalization

Sponsoring Partnerships and Revitalizing Communities (SPARC)

SPARC funds are available to first-time homebuyers seeking to purchase a home in York County (may not have had an ownership interest in a property in the proceeding 3 years).  SPARC funds are available at .50 below the current first-time homebuyer rate.  Interested homebuyers may complete an application at the Housing and Neighborhood Revitalization office. 

After an initial review of the applicant’s eligibility, viable applications are forwarded to C&F Mortgage Corp., who then finalizes eligibility, loan amounts, etc.  The FY2007 SPARC funding set aside from the Virginia Housing Development Authority is $750,000.  These funds are available to eligible applicants on a first come, first served basis.  Please contact the Division of Housing and Neighborhood Revitalization for income and loan limits.

Contact Information:
Administration Center
224 Ballard Street/P. O. Box 532
Yorktown, VA 23690-0532
Phone:  (757) 890-3885
Email

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