Virginia Individual Development Accounts (VIDA)

SAVE $500 AND EARN $4,000

TOWARD THE PURCHASE OF YOUR FIRST HOME WITH VIDA

The Virginia Individual Development Accounts (VIDA) program is a financial education and matched savings program to assist working families with their first home purchase. Participants receive access to financial counselors, homebuyer education and the opportunity to earn money towards a down payment and closing costs.

You save $1 + Earn $8 in match = $9 towards your savings

(maximum $4K in match)

ARE YOU ELIGIBLE FOR VIDA?

If you can answer yes to the following, you could be eligible:

  • 18 years or older
  • U.S. citizen or legal resident that lives in Martinsville or Henry County, Virginia
  • Have earned income from employment or self-employment
  • Ready to purchase a home within six to 24 months
  • Meet household income requirements found at www.dhcd.virginia.gov/VIDA
Contact United Way of HCM to Apply Today
Lisa Frick
Community Impact Coordinator
1-276-403-5965
 
 
                                                            
 
 
The VIDA program is funded by the Virginia Housing (VHDA) and administered by the Virginia Department
of Housing and Community Development (DHCD) and United Way of Henry County & Martinsville.