SCDHC’s mission is to use a holistic approach to create viable, thriving and sustainable communities. Our purpose is to provide quality residential and commercial development, supportive resources, services and programs throughout the Central Virginia region.
In 1998, SCDHC was certified as a HUD-Approved Housing Counseling Agency. We launched our housing counseling program for first-timehomebuyers, now known as "Project First Home." Over the past
decade, we have added financial education and counseling to
our services to respond to the belief that the overall well-being of a community is stronger when its citizens are financially capable. We offer financial education and counseling under the umbrella of our "Finances First" program.
Today SCDHC is recognized as a leading HUD-approved housing counseling
agency in homeownership preparation, financial empowerment and foreclosure
prevention. We provide housing counseling services, down payment assistance and
develop affordable, energy-efficient housing for culturally diverse and
mixed-income residents. In addition, SCDHC has recently launched the Southside Community
Development Education Improvement Scholarship Fund to provide private school
scholarships to students in need. The program is designed to help students from
low-income households, as well as students with special needs. Individual and business taxpayers in Virginia can receive
tax credits worth 65 percent of their donations to Southside Community
Development Scholarship Fund.
In essence, we are revitalizing communities and restoring hope by
providing services in five key areas:
As part of our holistic approach to community revitalization, we offer a wide array of programs and services targeted to low-to-moderate income families. We are not only building affordable housing, but we are also offering housing counseling and financial education services to support homeownership. In addition, we offer assistance with rental counseling to families in need. Our first-time homebuyers are prepared for homeownership through our "Project First Home" program, and families who need to build a financial foundation before purchasing a home enroll in our "Finances First" program.
In 2013, SCDHC was honored to be selected as the Intermediary for the Richmond Metropolitan area for the VIDA Matched Savings Program. This innovative program matches $2 for every $1 clients save. Homebuyers who save a maximum of $2,000 within two years receive $4,000 toward the purchase of any home in Virginia. The program also matches funds for entrepreneurship and education. Each homeownership saver is required to receive a minimum of six hours of asset specific training and eight hours of financial literacy education.
With our emphasis on financial preparation for homeownership, we have led the state in VIDA Program enrollment, with 94 participants. We have also provided housing and financial education services for over 1500 residents this year and 5,800 clients since 1999.
Our strategic goals include:
Indirect Public Support HelpIndirect public support represents revenue received through solicitation campaigns. This includes funding United Way and other federated fundraising organizations, but does not include donor designated contributions.
Earned Revenue HelpEarned revenue represents income generated in direct exchange for a product or service.Earned income includes income from government contracts.
Copyright © 2014 The Community Foundation Serving Richmond & Central Virginia7501 Boulders View Drive, Richmond, VA 23225804-330-7400 | www.tcfrichmond.org