Real estate tax credits are tools the federal government and state governments use to encourage investment in the development of real estate that is necessary and beneficial to a community, but not financially feasible without additional incentives.

The Low-Income Housing Tax Credit (LIHTC) is the most successful affordable rental housing production program in U.S. history. It is the federal government’s primary program for encouraging banks and other corporations to invest private equity in the development of affordable, multi-family rental housing for low-income households.

More than just a name, VCDC has always stood for the idea that all individuals deserve the opportunity to live in neighborhoods that allow them to thrive. Our deep connection and commitment to the communities we serve often overshadowed the promotion of our organization. In 2019, along with staff, Board, partners and a team of experts we embarked on a journey to more authentically share our story.