Blue Ridge Housing Network

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SPARC

Sponsoring Partnerships and Revitalizing Communities Program (SPARC) – Provides funding for affordable first mortgages that support a local jurisdiction’s efforts for targeted revitalization and neighborhood stabilization. Allocations must be used to fund permanent home purchase mortgages to qualified Virginia Housing first-time homebuyers.

Blue Ridge Housing Network, Inc. received $6,000,000.00 to be used to provide mortgage loans to support.  This funding is for Frederick, Page, Shenandoah, and Warren Counties and the City of Winchester only.

The discounted interest rate at 1% below the applicable rate for Virginia Housing’s applicable loan program.  In no event shall the interest rate for the Virginia Housing mortgage loan be reduced to a rate less than 2%.  The term of such mortgage loans shall be 30 years.

WE ARE CURRENTLY OUT OF SPARC.

Our Members

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Mission Statement

Working for safe, decent and affordable housing through community cooperation and to promote homeownership.

Contact Information

Blue Ridge Housing Network, Inc.

134-A Peyton Street
Front Royal, Virginia 22630

540-622-2711

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