For information on tax credit equity investment opportunities contact Arild Trent, Director of Investor Relations at 804.343.1200, extension 116. VCDC’s Housing Equity Funds and its Historic Rehabilitation Equity Funds provide two efficient means for corporations to invest in affordable housing and community revitalization while receiving an attractive rate of return through tax credits. The Low-Income Housing Tax Credit Program (LIHTC) facilitates corporate investment in affordable rental housing for qualified households. The Historic Rehabilitation Tax Credit Program allows investors to support local communities through the restoration of historic buildings that meet established criteria. Both the Housing Equity Funds and the Historic Rehabilitation Equity Funds are eligible as Community Reinvestment Act investments.
Over our 20-year history, investors have committed more than $340 million in 19 tax-credit equity funds. Our investors include corporations and financial institutions of all sizes. VCDC's experience managing equity funds has helped assure a competitive rate of return for investors. The asset management staff monitors property financial activity and tracks key performance measures, some of which include: occupancy, operating expenses, income, debt coverage ratios and reserves. Compliance monitoring also ensures that properties remain eligible for tax credits throughout the life of the equity fund. Investors are kept up-to-date with fund performance through in-depth quarterly reports.
Nov 16-18
2011 Governor's Housing Conference
Hampton, VA
Project Financials Due
Q1-Apr 15, Q2-Jul 15, Q3-Oct 17, Q4-Jan 16,2012
Board of Directors Meetings
VCDC Office:
Mar 16, Jun 22, Sep 14
Call-In:
Feb 2, May 4, Jul 27, Oct 26
The Place at Innsbrook:
Dec
14