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

VHDA How to Apply Workshops

VHDA Wytheville Housing Center,Jan 6

VHDA Richmond Housing Center,Jan 8

Fairview Park Marriott Falls Church,Jan 13

Norfolk Marriott,Jan 20

Jan 15

2009 Q4 Project Financials Due

Mar 12

LIHTC Reservation Application Deadline

Apr 15

2010 Q1 Project Financials Due