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RRHA Homeownership Programs (ComeHome / Neighborhood Homeownership Initiative / Greenwalk)

Richmond Redevelopment & Housing Authority (RRHA) · Richmond, Virginia

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Income limit

80% AMI

Of area median income; varies by county and household size

What is RRHA Homeownership Programs (ComeHome / Neighborhood Homeownership Initiative / Greenwalk)?

RRHA Homeownership Programs (ComeHome / Neighborhood Homeownership Initiative / Greenwalk) is down payment assistance for homebuyers in Richmond, Virginia, administered by Richmond Redevelopment & Housing Authority (RRHA).

  • RRHA's homeownership initiative sells renovated, affordable single-family homes to first-time and low-to-moderate-income buyers in targeted Richmond neighborhoods. Through the Neighborhood Homeownership Initiative and Greenwalk programs, RRHA acquires and renovates homes that are sold to households earning below 80% of AMI, while the ComeHome program helps RRHA public-housing residents and voucher holders transition to ownership.
  • Below-market purchase of renovated single-family homes.
  • Energy-efficient EarthCraft-certified homes (Greenwalk).
  • Pathway to ownership for public-housing residents and voucher holders (ComeHome).
  • Neighborhood revitalization.
  • Funding comes from Federal and private funds (historically HUD HOPE VI, HOME, CDBG); program sells RRHA-renovated homes.

Do you have to pay it back?

RRHA Homeownership Programs (ComeHome / Neighborhood Homeownership Initiative / Greenwalk) is down payment assistance and is repaid under the terms set by Richmond Redevelopment & Housing Authority (RRHA).

  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

RRHA Homeownership Programs (ComeHome / Neighborhood Homeownership Initiative / Greenwalk) is open to first-time homebuyers and buyers who will live in the home as their primary residence.

The program requires

  • First-time homebuyer — the program sets its own definition
  • The home is occupied as a primary residence
  • Residency: ComeHome is limited to RRHA public-housing residents and voucher holders; NHI/Greenwalk homes are in specific Richmond neighborhoods (Randolph/Maymont, Highland Park, Southside, Blackwell)
  • DRAFT (dpa-gap-finder 2026-06-13): pending review. RRHA's active homeownership programs are ComeHome (2023-present, for RRHA residents/voucher holders), the Neighborhood Homeownership Initiative (119 renovated homes for buyers <80% AMI), and Greenwalk (EarthCraft homes for first-time buyers <80% AMI). Distinct from the City of Richmond HOME Homeownership program. GAPS: per-unit assistance amount, interest rate, loan term, forgiveness terms, recapture, credit score, DTI, homebuyer-education requirement, max purchase price, participating lenders, and full income-limit table by household size are not published — confirm directly with RRHA at (804) 780-4200.

The program excludes

  • Manufactured homes
  • New construction
  • Households above 80% of area median income

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

RRHA Homeownership Programs (ComeHome / Neighborhood Homeownership Initiative / Greenwalk) limits household income to 80% of the area median income, which varies by county and household size.

  • Neighborhood Homeownership Initiative and Greenwalk homes are sold to households with incomes below 80% of Area Median Income. Full income-limit table by household size not published (confirm 80% AMI dollar limits for the Richmond, VA MSA with RRHA). ComeHome is restricted to current RRHA public-housing residents and Housing Choice Voucher holders.
  • The limit applies to total household income, not only the borrower&rsquo;s.
  • Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

RRHA Homeownership Programs (ComeHome / Neighborhood Homeownership Initiative / Greenwalk) can be used for Single Family.

  • New construction is not eligible.
  • Manufactured homes are not eligible.

Where does it apply?

RRHA Homeownership Programs (ComeHome / Neighborhood Homeownership Initiative / Greenwalk) serves buyers purchasing in Richmond, Virginia.

  • The program targets specific areas: Randolph/Maymont, Highland Park, Southside, Blackwell, and Randolph neighborhoods of Richmond.

How do you apply?

Applications for RRHA Homeownership Programs (ComeHome / Neighborhood Homeownership Initiative / Greenwalk) go through Richmond Redevelopment & Housing Authority (RRHA), which publishes the current terms and the application steps on its own site.

  1. Contact Richmond Redevelopment & Housing Authority (RRHA) to reserve funds

    Funds are reserved with the provider and are subject to availability.

  2. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.

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