The Piedmont Housing Alliance (PHA) will use the $181,000 to help first-time homebuyers in the Orangedale and Prospect Avenues neighborhood.

The funding will provide assistance for about five lower-income families to put down payments on their homes.

“This is a fantastic opportunity. Many people don't realize they can be home-buyers. That's exactly what Piedmont Housing Alliance has been doing for more than 30 years. We've helped about 825 people become home-buyers and many of these never thought they would,” said PHA Deputy Director Karen Reifenberger.

The group will also offer financial counseling for people in the neighborhood and work with the Albemarle Housing Improvement Program to pay for emergency home repairs.