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News FLHF making progress on affordable housing units Organization hopes to break ground in the spring of 2024 Read More County approves affordable housing request An affordable housing application from the Fluvanna-Louisa Housing Foundation (FLHF) was met with unanimous approval last week Read More Chamber recognizes exceptional achievements at annual banquet The Louisa County Chamber of Commerce (LCCC) held its Annual Meeting and Businessperson of the Year Celebration on June 23 Read More Housing Foundation shows the love The Fluvanna-Louisa Housing Foundation’s first major fundraiser, Have a Heart at Bandit’s Ridge on Friday was a success. Read More Well and septic help for Louisa and Fluvanna Housing Foundation receives $300,000 grant to support those in need Read More Check back for more news soon!

Rental Units The Foundation owns and operates affordable rental properties in both counties. Applications are available and as units open, we offer them to local residents. Our rental homes are well constructed, energy efficient, and typically built to be handicap accessible. One of our facilities is a four-unit complex with solar power providing the tenant's energy needs. Units are not always available due to the demand for affordable housing in Fluvanna and Louisa Counties. We are currently working to construct more units. Click here to apply Click here if you live in Fluvanna County Click here if you live in Louisa County Follow these steps: ​ 1. Find out if you are income-qualified ​ (Fluvanna County is considered part of the Charlottesville area for determining AMI) Gather the necessary information, such as contact information for your landlord, past addresses and sources of income ​ Print and complete the application following the instructions 3. Submit the application 2. Fill out the Rental Application The application cannot be submitted online ​ Mail or bring it to the Foundation at 144 Resource Lane, Louisa VA 23093 ​ You may also call our office at (540) 967-3483 with any questions

FAQs With what types of repairs does FLHF assist? Typically, we assist with roofing, HVAC, plumbing, electric, hot water, well, and septic. We may be able to assist on other repairs as funding and labor are available, and dependent upon the number of ongoing repairs in the community. What is meant by “household income”? The household income is the amount of money that your entire household receives from all sources in a year. This includes salaries, social security, pensions, and any other kind of income your household receives. What is the Area Median Income or AMI? The AMI is the midpoint of all of the incomes for a given area, such as a county. Half of households in a given area have a higher income than the midpoint, and half have an income less than that amount. If a family makes less than 80% of the AMI, it is considered low income; if 50% - very low income, and 30% - extremely low income. The AMI also depends on how many people live in a household. What is an Adjustable Rate Mortgage, or ARM? An Adjustable Rate Mortgage is a home loan with an interest rate that may go up or down depending on an indicator, such as Treasury Bill Rates. How do I determine if housing is affordable? Your housing should cost no more than 30% of your household income. If you own your home the housing cost should include your mortgage payments plus property taxes and insurance. If you rent, your housing cost should include your monthly rent plus any utilities you pay. What does it mean to “assume” a mortgage? If you “assume” a mortgage you take over the remaining mortgage payments and terms from the original buyer of the home. By assuming the previous owner's remaining debt, you can avoid obtaining your own mortgage. Different types of loans can qualify as assumable mortgages, though there are some special considerations to keep in mind. What is a deed? A deed is a signed legal document that transfers ownership from one person to another. What is considered a “disability” in order to receive assistance? Under the Americans with Disabilities Act, you have a disability if you are unable to independently carry out one or more of the major life activities: walking, eating, sleeping, breathing, seeing, hearing or thinking. What is “accessible housing?” Accessible housing has special built-in accommodations that make everyday living easier for residents with disabilities. Accessible housing can range anywhere from wheelchair ramps to indoor modifications like handicap grab bars, lower cabinets and wider doorways. What is equity in a home? Equity is the value of your financial interest in your home. In other words, it is the actual current market value of your home, less any debts, or liens, that are attached to it. What is escrow, and how is it used? In mortgages, escrow usually refers to money kept by the mortgage company to ensure that the homeowners’ taxes can be paid in full when due. This is paid up front on settlement. What is foreclosure? Foreclosure is what happens if you, as a homeowner, fail to pay your mortgage. It’s a legal process in which you forfeit all rights to your property if you cannot pay off you debt. What are Housing Choice Vouchers? The Housing Choice Voucher Program, formerly known as Section 8 Rent Assistance, is a federally funded rental assistance program for low-income households. Households must meet income eligibility criteria. Each household pays a minimum of 30% of income for rent. Housing can include single-family homes, townhouses and apartments and is not limited to units located in subsidized housing projects. This rental assistance is issued in the form of a voucher to someone seeking housing.

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Essential Home Repair Program The FLHF Essential Home Repair Program can help you make critical repairs to your home. We assist with repairs for the following: Click here to apply Roof replacement Heating and cooling system Plumbing Electrical systems Well repair Septic system repair Hot water heater ​ We may also be able to help with other types of home repairs. We work with residents to obtain grant funds to help cover the cost of major home repairs. Typically, the grant does not cover the full cost of the repair, so FLHF provides zero-interest loans and reasonable repayment terms. Below is one example of how a loan might work: ​ Total cost of repair: $6,000 Grant funds: $3,000 Homeowner down payment: $500 Homeowner loan: $2,500 Balance paid in $100 monthly installments over 25 months with 0% interest. ​ How can we do this? As other people with loans pay back their home repair, we recycle the funds back into the community. Your repair is possible due to someone else paying back their loan. When you repay your loan, you will help someone else afford their home repair. Click here if you live in Fluvanna County Click here if you live in Louisa County Follow these steps: ​ 1. Find out if you are income-qualified ​ (Fluvanna County is considered part of the Charlottesville area for determining AMI) Find out how much it will cost by calling two or three contractors for estimates so we will know a little about the approximate cost 3. Fill out the Service Request form 2. Know what repairs you need Complete the form online Print it out and mail it to the Foundation ​ You may also call our office at (540) 967-3483 with this information (for example, try to find out if the water on a wall is from a break in plumbing or a roof leak)

Financial Education The FLHF has three education programs: Budgeting and Credit Reports On the Path to Home Ownership First Time Homebuyer The FLHF works with you to evaluate budgeting, credit history and finances to improve your credit score and increase financial knowledge to move renters into home ownership. We provide help with applications for down payment assistance and HUD Counselors to obtain an affordable mortgage. There are local and state programs that offer assistance and we can provide help in finding them. Wherever you are on your path to financial education and creating a better future, we are here to help. Click here to apply Follow these steps: ​ 1. Fill out the First Time Homebuyers Client Intake Form ​ Gather the necessary information, such as income and expenses and references ​ Print out and complete the intake form following the instructions 2. Submit the Intake Form The intake form cannot be submitted online ​ Print it out and mail or bring it to the Foundation at 144 Resource Lane, Louisa VA 23093 ​ Call our office at (540) 967-3483 with any questions Meet with Foundation staff every three months Receive counseling on repairing or building credit, increasing savings and improving your financial position. Talk with our network of real estate professionals, mortgage brokers, appraisers and home inspectors. Set goals to lead you down the path to home ownership. Be prepared to purchase your home at the end of the year! ​ The Foundation is currently creating educational programs for first-time homebuyers. In these programs you’ll learn about mortgages, credit, types of homeownership and everything else you need to know to become a homeowner.

Access Ramps If you require an access ramp and do not have the funds to purchase one on your own, we can help. The Foundation provides loaner ramps, or you can buy an aluminum ramp and utilize the 40% FLHF discount. These ramps are not permanent and can easily be installed and removed, then used in another location. ​ If you need more permanent access, the Foundation can help you buy the materials for a wood ramp. We work with a variety of volunteers to help build them. Click here to apply Click here if you live in Fluvanna County Click here if you live in Louisa County Follow these steps: ​ 1. Find out if you are income-qualified ​ (Fluvanna County is considered part of the Charlottesville area for determining AMI) Aluminum: can be moved when no longer needed Wood: for more permanent use 3. Fill out the Service Request form (You do NOT need to be the homeowner to have a ramp installed, but you do need the homeowner's permission!) 2. Know what type of ramp you need Complete the form online Print it out and mail it to the Foundation ​ You may also call our office at (540) 967-3483 with this information