The Regional Commission is committed to the housing needs of New River Valley residents. Through roles with the Livability Initiative, New River Valley HOME Consortium, and programs offered by the Department of Housing and Community Development, Rural Development, and the Department of Housing and Urban Development, the Commission recognizes the importance of housing. Acknowledging that housing can have an even larger impact on the elderly or disabled, the Commission also actively participates on the Aging in Place Leadership Team.
NRV HOME Consortium
The New River Valley HOME Consortium has been providing funding for the development or rehabilitation of affordable housing since 2007. The Regional Commission, in partnership with the Town of Blacksburg’s Housing and Neighborhood Services, staff the Consortium.
The HOME Consortium works with non-profit and for-profit developers to provide new homeownership, homeowner rehab, rental, or down payment assistance opportunities for households earning at or below 80% of the area median income.
Learn more about the HOME Consortium at www.nrvhome.org