VHDA Amenities Submittal Form 2025

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Homebuyer Education Certificate is valid for 2 years. Tax transcripts are required in addition to required income documentation for all borrowers and is dependent on qualifying income type(s) and number of years required per DU (i.e. W2 transcripts, 1099 transcripts, etc.)
The Common Funds Stimulating Peripheral Activity to Relieve Conditions (SPARC) program accelerates development of therapeutic devices that modulate electrical activity in nerves to improve organ function.
SPARC is a multiple award, Indefinite Delivery/Indefinite Quantity (IDIQ), performance-based contract. It is available to all components within Centers for Medicare Medicaid Services (CMS) and all Health and Human Services (HHS) Operating Divisions to procure IT System development services, from end to end.
About VHDA Mortgage Loans VHDA Loans are tailored to first-time homebuyers and current homeowners who are thinking about buying in Areas of Economic Opportunity. All VHDA loans have income and maximum sales price limits. Those limits are based on the geographic area in which the home is located.
VHDA recognizes that Universal Design is not a building standard but rather a set of principles for achieving a design quality that improves esthetics and makes the built environment usable by a greater number of people.
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Maximum DTI 45% with AUS Approval. Manually underwritten loans must meet more restrictive ratio requirements of Virginia housing and FHA.
The Summer Preparedness and Readiness Course (SPaRC) is a multi-week program designed to prepare incoming students for the rigors of their chosen program.
SPARC (Sponsoring Partnerships Revitalizing Communities) is a special allocation of reduced rate funding made available by Virginia Housing financing to local governments, non-profits and housing industry partners to support special housing needs.

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