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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