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

Apr 18-24

Affordable Housing Awareness Week

May 16-18

VAHCDO Annual Conference

Jun 7

H.A.N.D. Annual Meeting

Project Financials Due

Q1-Apr 15, Q2-Jul 15, Q3-Oct 15, Q4-Jan 15,2011

Board of Directors Meetings

VCDC Office:
Mar 31, Jun 16, Sep 15

Call-In:
Feb 2, May 5, Jul 28, Oct 27

The Place at Innsbrook:
Dec 15