The New River Valley HOME Consortium is a regional consortium located in southwest Virginia that includes the counties of Floyd, Giles, Montgomery, Pulaski, the City of Radford and the towns therein. The purpose of the HOME Consortium is to support the creation of housing opportunities for low and moderate income people in the New River Valley.
The NRV HOME Consortium was formed in 2007 and receives annual funding from the U.S. Department of Housing and Urban Development. HOME funds can be used for new construction and rehabilitation of homeownership or rental housing.
New River Valley HOME funds have been leveraged to provide more than $35 million of additional funds for the New River Valley and to create 354 homes since the HOME Consortium’s inception. Of the 354 homes and apartments that have been built, rehabilitated or are in the development process 92 are in Pulaski, 26 in Radford, 31 in Giles County, 203 in Montgomery County and 2 in Floyd. More are underway!