VCDC is gearing up for Affordable Housing Awareness Week on April 24, 2016. This month, we’ll share success stories that illustrate how VCDC’s partners are raising the bar and raising awareness when it comes to quality affordable housing. In this edition, we focus on lower income seniors and residents with
Affordable housing developers get one shot a year to request a reservation of tax credits for their project(s) in the competitive tax credit application round. That shot was earlier this month, on March 4th. This year the ratio of tax credits requested to tax credits available is 1.99:1 as reported
VCDC’s pilot program, the Sponsor Sustainability Initiative, has gotten the attention of the Virginia Housing Development Authority (VHDA). Thanks to VHDA’s financial support, VCDC was able to add an extra in-person convening to allow program participants to maintain the momentum necessary to achieving their goals. When most of the state
The Low-Income Housing Tax Credit (LIHTC) program turns 30 this year with much to celebrate and a lot to look forward to. CohnReznick, a nationally respected advisor on the LIHTC program, recently conducted its fourth study of more than 20,000 properties that were financed using the tax credit. The firm
Here in Richmond, Virginia – VCDC had a nearly front-road-seat to the UCI Road World Championship Race. It was thrilling! Here are a few pictures from our scrapbook.
Sponsor report: Session #2, Sponsor Sustainability Initiative In June of 2015, VCDC launched its Sponsor Sustainability Initiative (SSI) with six organizations. Leaders from Better Housing Coalition, Piedmont Housing Alliance, Project Faith (PF), Project: HOMES, VCDC, and Virginia Supportive Housing receive intensive executive coaching services and enjoy peer-to-peer exchanges. The initiative
2015 Property Manager’s Conference Earlier this month, partners from across the state gathered in Portsmouth for the VCDC 2015 Property Manager’s Conference. The two-day conference featured sessions with Mahalia “Mally” Dryden-Mason of The Department of Professional and Occupational Regulation, Scott Reithel, vice president of Property Management with Community Housing Partners