$56 Million for Virginia Communities: Housing Equity Fund 25
VCDC’s latest Low-Income Housing Tax Credit Fund will help create and restore over 450 affordable homes.
Housing Equity Fund 25 totals over $56,000,000 in investments from local banks and will help seniors, individuals living with disabilities and families throughout Virginia have access to safe, sustainable and affordable homes. The equity fund closed in late 2021 and is expected to make an impact in the following communities: Arlington, Chesterfield, Henrico, Martinsville, and Pulaski.
Among the neighborhoods that will benefit are:
Thank you to our Fund 25 investment partners for your dedication to supporting vibrant communities and to our development partners for entrusting us to help you drive change in the communities you serve.
Our work to develop tax credit financing for affordable housing in the Mid-Atlantic region continues with VCDC Equity Fund 26 and opening of VCDC Equity Fund 27 around the new year.
Contact us to learn more about how we can collaborate to meet your banks CRA investment needs or to develop your community vision as part of our next fund offering.