Development Loans

The Low-Income Housing Tax Credit Program (LIHTC) facilitates corporate investment in affordable rental housing for qualified households.  This allows VCDC to assist affordable housing developers and project sponsors with a lending arm that provides development loans.  Example uses of loans include carry forward expenses, property acquisition, construction, market studies, appraisals, architectural and engineering fees, application fees and other project development expenses. To find out more contact Chris Sterling at csterling@vacdc.org.

2009 Calendar of Events

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