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FAQs

Q: How much income do I need in order to be eligible for the program? 


A: Each eligible participant should earn at least $1650 monthly. (This can be a combination of Wages, TANF, Child Support, SNAP, Pension, and/or Social Security Income. )


Q: How long does the process take?


A: Urban Hope is a 3-36 month program depending on individual financial circumstances and housing availability. 


Q: Where will I live?


A: All of Urban Hope's homes are located in the East End of Richmond.


Q: Do you provide financial assistance?


A: Urban Hope is unable to provide financial assistance.


Q: Will my home be based on my income?


A: Urban Hope places families in rental units that fit their income. 30% of your household's gross income, less average utilities, is the amount considered affordable. Our fixed, affordable rents range from $350-$695, with an average rent of $525.

What are the Qualifications?

  • Willingness to live in the East End of Richmond
  • Willingness to attend monthly financial management sessions, with a year-long comitment
  • Must be employed for at least six consecutive months
  • Willingness to save first month's rent, deposit, and at least one month of emergency savings
  • Income is no more than 80% of the Area Median Income (AMI) for your household size (please see chart below)
  • Willingness to sign a month to month lease 

Find out more
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Area Median Income (AMI)