VUU Joins Forces with NACA to Empower RVA Residents with Transformative Homeownership
November 14, 2023
- Over 5,000 homebuyers registered with over 7,000 expected to attend.
- Access NACA’s Best in America Mortgage: No down payment, closing costs, lowest fixed interest rate.
- Attend and gain access to an affordable mortgage without the consideration of credit score.
- Explore homeownership options and avoid continuous increase in rental rates.
[RICHMOND, VA – November 14, 2023] — Community leaders and stakeholders along with NACA’s Founder and CEO Bruce Marks will hold a press conference to kick off NACA’s Achieve the Dream homebuyer event on Friday, November 17th at 12:00 pm, at the Living & Learning Center at Virginia Union University, located at 1500 N. Lombardy Street, Richmond, VA 23220.
The event will enable low and moderate-income homebuyers to access NACA’s Best in America Mortgage which includes no down-payment, no closing costs, no fees and no mortgage insurance, at a below-market, fixed interest rate without consideration of one’s credit score. This is a continuation of NACA’s extraordinary Achieve the Dream tour in Newark, Houston, Chicago and other cities around the country.
The three-day event in Richmond will be held Friday, November 17, through Sunday November 19. Doors are open from 8:00 a.m. to 8:00 p.m. each day.
“The next three days will be nothing short of amazing as homebuyers obtain the full spectrum of tools for affordable homeownership, from household budgeting to NACA’s outstanding homeownership programs,” said Marks. “NACA is committed to low- and moderate-income homebuyers, who are often paying extraordinarily high rents, to become homeowners with a mortgage payment often less than their rent to begin generating wealth as opposed to increasing that of the already wealthy wall street investors and others.”
The event is designed to be a one-stop shop for homebuyers. In one day, the homebuyer attends a workshop, meets with a NACA and HUD (Housing and Urban Development) certified counselor and a NACA underwriter. Many homebuyers will be qualified for NACA’s Best in America Mortgage or given their next steps to become a homeowner.
“We are happy to host NACA’s Richmond event and partner with them to bring this great work to our community,” said Dr. Hakim J. Lucas, CEO and President of VUU. “For too long, the lack of affordable housing has been a barrier to individuals taking the first step in accessing generational wealth. VUU is committed to seeing our students and community take that step, and we look forward to continually building these pathways that will empower our community and provide opportunities for financial stability and prosperity for all."
More than 5,000 individuals from Virginia and throughout the nation have registered to attend the event. As the nation's largest housing counseling agency, NACA is well positioned to meet this level of participation, with more than $20 billion committed to this outstanding mortgage product, with $15 billion from Bank of America.
The lack of affordable homes prevents an overwhelming number of individuals from achieving the American dream of homeownership. NACA is providing not only a solution to Virginia’s affordable housing crisis but also working to provide affordable high-quality modular housing.
Click here to see how NACA is making homeownership possible for individuals across the country.
For more information about NACA and the Achieve the Dream Event, visit www.naca.com.