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) creates 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 1990, we have successfully launched 15 tax-credit equity funds and we have assisted in the development of 117 properties throughout Virginia with technical assistance and equity investments. By balancing the interests of our partners, VCDCís equity funds deliver a market rate of return on investment as well as high quality affordable housing and positive consideration under the Community Reinvestment Act.