Balanced Approach

Welcome to a balanced approach to investing in the future of Virginia’s communities.

VCDC balancing the future

As a tax credit fund manager, the Virginia Community Development Corporation (VCDC) creates opportunities for corporate investors and local community sponsors to support affordable housing and economic development in Virginia. VCDC takes a leadership role in providing the experience, services and coordination necessary to make this innovative approach to investing work. Since 1990, we have successfully launched 15 tax-credit equity funds and we have assisted in the development of 117 properties throughout Virginia with technical assistance and equity investments. By balancing the interests of our partners, VCDC’s equity funds deliver a market rate of return on investment as well as high quality affordable housing and positive consideration under the Community Reinvestment Act.

2009 Calendar of Events

Project Financials Due

Q1-Apr 16, Q2-Jul 16, Q3-Oct 15, Q4-Jan 16,2013

Board of Directors Meetings

VCDC Office:
Mar 21, Jun 20, Sep 12

Call-In:
Feb 1, May 9, Aug 8, Oct 24

TBD:
Dec 12