FOR IMMEDIATE RELEASE
GROUNDBREAKING FOR “UNIQUE” HOUSE IN LYNCHBURG THIS FRIDAY
One lucky Lynchburg resident will receive a new home!
FARRR FOUNDATION / DBA LIGHTHOUSE BELOVED COMMUNITY LLC. Is pleased to announce a groundbreaking ceremony on Friday, September 30 from 1:30-3 p.m. at 17 Watts Street, Lynchburg, VA 24504. We invite our community leaders, citizens, and media to join us for this special event. The 2 story, 3-bedroom, 2.5 bath house to be built will be constructed with new building science that promotes net zero housing technologies. Divine Fog Realty is donating the house through its Divine Fog Serves Foundation.
After several weeks of interviews and consideration, Divine Fog chose a lucky Lynchburg resident to receive this new home. The story of this house is impressive enough, but it’s only the beginning step of a project that will greatly impact Lynchburg and help lift many people out of economic distress. The homes being built in the Lighthouse Beloved Community will be offered for sale as part of a Community Land Trust (CLT). The buyers of these homes will move from paying rent to paying an affordable mortgage. The “net zero” home design will save money on utility bills, maintenance, and upkeep. The residents of Lighthouse Beloved Community will enjoy lower monthly living expenses while also building equity and gaining financial independence.
What’s more, the community will be the first in the Southwestern Virginia region to utilize a “wraparound” model of care, with an array of comprehensive supportive services available to residents.
The FARRR Foundation, Inc. is a 501-c3 public non-profit organization established in 2004 and headquartered at 1310 Church Street, Lynchburg VA 24504. The FARRR Foundation Inc. has three wholly owned divisions focused on the following areas. Lighthouse Community Center, 1310 Church Street Bicycles for transportation, Community Kitchen with prepared meals and carry-out groceries, Clothing and vouchers, Hygiene kits, and Homeless backpacks. Lighthouse Community Health Services Nurse Practitioner led community-based clinic offering primary care, treatment of chronic diseases, symptom control and clinical care. Transportation assistance available!
Lighthouse Beloved Community CLT providing equal housing and fair opportunities for low-income wage earners build wealth through the ownership of sustainable, attainable, and generational housing. 90 acres of land established in 2020 as a Community Land Trust (CLT). Down payment assistance available for first time homebuyers! The FARRR Foundation is executing this housing development project in cooperation with the City of Lynchburg, and Grounded Solutions Network under the Community Land Trust (CLT) model. Pinnacle Bank is a leading financial partner that can provide CLT mortgages for eligible applicants. Accupoint Surveying and Design is overseeing the site development. Wellington Builders is completing the general construction using ROK-ON building systems.
For further details, please visit thelighthousebelovedcommunity.org
or call 434-847-5050