Groups helping make home ownership possible - NBC12 - WWBT - Richmond, VA News On Your Side

Groups helping make home ownership possible

HENRICO, VA (WWBT) -

A Central Virginia non-profit group is making it easier for renters to make the transition into owning a home. In one Henrico neighborhood, a newly rehabilitated home is the beginning of an effort to revitalize the community.

It's safe to say most Americans want the opportunity to own their own home. It's why a Richmond group says it will continue its work not only helping first time home buyers but also improving neighborhoods.

No one wants to see blight so close to home.

"It makes the neighborhood go down on prices for the other people," said Myron Williams who has lived on Fayette Circle for more than 15 years.

He has some thoughts when he sees abandoned homes here.

"I was like, this is starting to go down," he said.

But now he's glad to see properties in his community getting a makeover, like a house just down the street that's been transformed from the inside out.

"This is the family room that was restored," Diana Herndon points out renovations.

Herndon works for Southside Community Development. The group goes into neighborhoods helping restore abandoned properties.

"We put in energy efficient windows, doors."

Her group also works with realtors to offer unbelievable deals to first time home-buyers. The group bought a foreclosed home on the East End for $30,000 with help from the county and then made $70,000 in improvements with the help of the Better Housing Coalition. A senior citizen is set to move in next month.

"It's a wonderful feeling," Herndon said.

It's just an example of what the group is doing all around the Richmond area for people of all incomes, who want to make home ownership possible.

"I feel they're doing real good for trying to keep the neighborhood up," Williams added.

The Southside Community Development says its work is far from over. You can apply for down payment assistance or get counseling towards a brand new or rehabilitated home by contacting them here.

Copyright 2012 WWBT NBC12.  All rights reserved.

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