Welcome to a balanced approach to investing in the future of Virginia’s communities.
As a tax credit fund manager, the Virginia Community Development Corporation (VCDC) created opportunities for corporate investors and local community sponsors to support affordable housing and economic development in Virginia. VCDC takes a leadership role in providing the experience, services, and coordination necessary to make this innovative approach to investing work. Since 1989, VCDC has developed 18 LIHTC funds, five Federal Historic Tax Credit funds, and raised over $450 million in capital. Through these funds VCDC has helped to create 175 projects and 7,000 housing units, making it Virginiaís largest non-profit investor in LIHTC properties.