Workforce Housing Program - For-Sale Component

Ang Workforce Housing Program - For-Sale Component ay isang shared-appreciation loan para sa mga bibili ng bahay sa Virginia Beach, Virginia, na pinangangasiwaan ng City of Virginia Beach Department of Housing and Neighborhood Preservation (DHNP). The City of Virginia Beach's Workforce Housing Program (For-Sale Component) helps income-eligible working households (80-120% AMI) buy newly built, for-sale workforce housing units priced below market. The buyer pays the discounted price with their own first mortgage while the City provides a 0%-interest, no-payment second mortgage equal to the discount, repaid only on resale or transfer with the City's proportional share of net appreciation. Buyers must occupy the home as their primary residence, live or work in Virginia Beach, and complete homebuyer education. Buy a new home at a discount of up to 25% below market. City-provided 0% interest second mortgage with no monthly payments. No repayment until resale or transfer. City may waive part of its appreciation share to prevent a loss. Ang pondo ay mula sa Workforce Housing Revolving Fund (recaptured WFH discounts, fees, and shared net appreciation); City may also make available CDBG and HOME funds.

Ang Workforce Housing Program - For-Sale Component ay isang shared-appreciation loan at binabayaran ayon sa mga tuntuning itinakda ng City of Virginia Beach Department of Housing and Neighborhood Preservation (DHNP). Kailangang bayaran kapag may Due and payable from the proceeds of resale or transfer of the WFH Unit. Owner may not repay the second deed of trust until the unit is resold. On resale the owner repays the full principal of the WFH Discount plus the City's proportional share of net appreciation. Nakatala ang tulong bilang lien sa posisyong Second (subordinate only to the purchase-money first deed of trust). Ang mga tuntunin sa pagpapatawad at pagbabayad ay itinatakda ng programa at maaaring magbago — kumpirmahin ang mga ito sa opisyal na pahina ng programa bago mag-apply.

Bukas ang Workforce Housing Program - For-Sale Component sa mga bibili ng bahay na titira sa bahay bilang pangunahing tirahan. Kailangan ang kurso sa homebuyer education, sa pamamagitan ng Mandatory homebuyer education; the City provides a list of local homebuyer education classes (e.g., Virginia Housing, NACA). Requirement sa paninirahan: At least one borrower must live or work full-time in Virginia Beach, or have a bona fide full-time job offer in the City starting within 3 months of application. City holds an exclusive right to purchase up to 1/3 of WFH units in a development. Buyer must apply for a mortgage within 5 days of signing a sales contract; annual owner-occupancy certification; City right of first refusal before resale. Net worth cap 50% of unit sales price (with exclusions). Refinancing requires prior DHNP Director approval.

Nililimitahan ng Workforce Housing Program - For-Sale Component ang kita ng sambahayan sa 120% ng median na kita sa lugar, na nag-iiba ayon sa county at laki ng sambahayan. Household combined annual gross income must be between 80% and 120% of AMI, adjusted for household size. WFH Income Guidelines (adopted Oct 20 2025; HUD AMIs eff. Apr 1 2025; VB-Norfolk-Newport News MSA; 4-person median $106,500): 120% 4p $127,800; 110% 4p $117,150; 100% 4p $106,500; 90% 4p $95,850; 80% 4p $85,200 (full table by 1-6 persons in source). Nalalapat ang limit sa kabuuang kita ng sambahayan, hindi lang sa kita ng nanghihiram. Nakalista sa programa ang pinakamalaking laki ng sambahayan na 6. Ang mga numero ng median na kita sa lugar ay inilalathala ng HUD at ina-update taun-taon, kaya tingnan ang kasalukuyang talahanayan para sa county bago umasa sa isang numero.

Nililimitahan ng Workforce Housing Program - For-Sale Component ang presyo ng pagbili sa $452,667. Kabilang sa mga kwalipikadong uri ng ari-arian ang Single Family, Townhouse, Condo, at 2-4 Unit. Kwalipikado ang bagong gawang bahay. Hindi kwalipikado ang mga manufactured home.

Pinaglilingkuran ng Workforce Housing Program - For-Sale Component ang mga bibili ng bahay sa Virginia Beach, Virginia. Tinutukoy ng programa ang mga partikular na lugar: WFH units built in Strategic Growth Areas (Burton Station, Centerville, Newtown, Pembroke, Resort, Rosemont). Excluded: Accident Potential Zones, Noise Zones 65-70 dB DNL+, and R-10 through R-40 districts.

Dumadaan sa City of Virginia Beach Department of Housing and Neighborhood Preservation (DHNP) ang mga aplikasyon para sa Workforce Housing Program - For-Sale Component, na naglalathala ng kasalukuyang mga tuntunin at mga hakbang sa pag-apply sa sarili nitong site. Nirereserba ang pondo sa pamamagitan ng DHNP maintains a waiting list of pre-screened Eligible Buyers; next Eligible Buyer is verified, issued a Certificate of Eligible Buyer Status, and has 7 days to decide to purchase. Ang Hey Prescott ay hindi nagpapautang at hindi tumatanggap ng aplikasyon; inilalarawan ng pahinang ito ang programa para madala ito ng bibili ng bahay sa isang lender o housing counselor.