Acquire, Renovate, and Sell Program (ARS)
Acquire, Renovate, Sell (ARS) will create affordable homeownership opportunities for low- to moderate-income (LMI) first-time homebuyers. The program results from a partnership between the Department of Housing and Community Development, the primary administrator, and Virginia Housing ( formerly VHDA), the financial backing.
CRHA will acquire undervalued homes, renovate using ARS funding and other leveraged sources if necessary, making them habitable, and resell the property at fair market value. For more information, click here.
To be listed on our ARS waitlist, please contact Nellie Sanchez at 757-233-6403 or firstname.lastname@example.org; Buyers must meet income requirements and have a pre-approval letter from a lender.