Due to the ongoing spread of COVID-19, our Berkmar office will remain closed for the remainder of the year. Staff is still available to serve you. Our Housing Counseling staff is available to current clients via phone and video appointments. Our leasing offices are open by appointment only. Current residents wishing to making appointments should follow the previously announced procedure. Click here to learn more about contacting our leasing offices, applying for rental housing and how to become a housing counseling client.

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Virginia Individual Development Account Program Available Via Piedmont Housing

July 17, 2020
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According to a 2019 Wells Fargo study, more than one of every four adults (27%) say that a down payment is the biggest hurdle to homeownership. Jumpstart your homeownership goal by participating in the VIDA program! 

The VIDA program – or Virginia Individual Development Account program – is a matched savings program to help Virginians save for a down payment or closing cost for a home. The VIDA program will match every dollar you put in with $8. They will match up to $4,000. If you save $500, VIDA will match that with $4,000 and you will have $4,500 to use for a down payment or closing cost for a home. Pair that with Piedmont Housing Alliance’s down payment loan assistance program and homeownership can be within your reach!

VIDA program flyer picture

Here are some things you should know about the VIDA program: 

  • You have to save at least $25 per month.
  • You have to participate for at least six months.
  • You have to purchase your home within 24 months. 
  • You have earned income from full-time, part-time, and/or self-employment.  

If this sounds like the opportunity for you, attend one of these online information sessions: 

August 5th at 6 pm

August 7th at 11 am

August 12th at 6 pm

August 14th at 11 am

Questions? Email housingcounseling@piedmonthousing.org.


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