May 2022 - Poplar Creek Homes is a community located in South Boston, VA. Poplar Creek Homes serves low-income families and meets the demands for more affordable housing developments in the largely rural area of Southside Virginia. Amenities at Poplar Creek include 16 Hardie plank sided buildings constructed for energy efficiency, high-quality cabinets, countertops and flooring. VCDC partnered with Southside Outreach Group (SSOG) to assist in the development of Poplar Creek Homes.

Quarry Station Senior Apartments is a rehabilitated independent senior apartment community in the heart of historic Old Town Manassas. The community consists of 79 newly renovated affordable homes. Onsite amenities at Quarry Station include a community arts and crafts room, library and computer room, game room, access to free Wi-Fi, picnic area, and even an onsite salon. VCDC provided an investment of $8,275,012 in LIHTC (Low Income Housing Tax Credit) equity through VCDC Equity Fund 26 for Quarry Station.

The Planet Apartments is in the historic Jackson Ward neighborhood in Richmond, VA, and features 67 newly constructed homes designed to serve low-income families. VCDC invested over $9,500,000 in LIHTC equity for The Planet Apartments through the Housing Equity Fund of Virginia 24. VCDC is working with longtime partner Better Housing Coalition (BHC) on the Planet Apartments.

Sweetbriar II is the second phase of community serving low-income families in Abingdon, Virginia with 22 duplex-style homes designed to serve low-income families. Sweetbriar II is one of the developer’s most energy-efficient communities to date. Amenities are built with high quality, including a high-efficiency heating and cooling system along with energy-saving ventilation and dehumidification systems. VCDC has partnered with People Incorporated Housing Group (PIHG), the subsidiary development arm to People Incorporated of Virginia, with 17 prior tax credit investments partnerships to date.

Kindlewood is in the first phase of an affordable housing redevelopment in Charlottesville, Virginia. Kindlewood Phase I will bring 106 newly renovated homes in three buildings to current residents at the community and new residents. VCDC provided $14,457,035 in LIHTC equity for Kindlewood through Housing Equity Funds 23 and 24. VCDC partnered with Piedmont Housing Alliance (PHA) and National Housing Trust (NHT) to assist in developing the community.

Whitefield Commons is a newly renovated community in Arlington, VA. The new development offers 68 one-to-three-bedroom garden apartments for individuals and families in need of affordable housing in Northern Virginia. Wesley Housing is providing supportive services to residents such as free educational classes and after-school help for children. Whitefield Commons now has upgrades for heating and cooling systems, durable counters, cabinets and vanities, a parking lot, and infrastructure for high-speed internet.

Firefly Commons is a mixed-generation community in the City of Elkins, West Virginia. The community contains 16 new homes between seven buildings: six duplexes are for seniors, and one building is a townhouse-style unit housing for families. Firefly Commons has been in the works since 2014.The community includes homes for low-income seniors who prefer to live in a multi-generational community surrounded by families and other senior citizens.

VCDC is proud to welcome Kilmarnock Village Apartments to our portfolio. The rehabilitation of the Kilmarnock Village Apartments includes upgrades to heating and cooling systems, energy star appliances, a new roof, counters, cabinets, vanities, landscaping, exterior sidewalks, parking lot, appliances, and installing infrastructure for high speed internet.

VCDC is proud to announce the closing of the Knightsbridge Apartments. Located in the heart of Arlington, VA, the Knightsbridge project involves the rehabilitation of an existing apartment complex with 37 LIHTC units serving individuals and families. Six units will be outfitted with accessibility features for disabled residents.

Manufactured homes are an important source of affordable housing across the country, yet the benefits offered by these communities are often obscured by low-quality homes, deteriorating infrastructure, and the stigma surrounding mobile homes and trailer parks. In response to these problems VCDC affiliates are partnering with project:HOMES on an innovative project to integrate manufactured housing into the affordable housing stock for families in the Richmond region.

VCDC is proud to announce the closing of the Knightsbridge Apartments. Located in the heart of Arlington, VA, the Knightsbridge project involves the rehabilitation of an existing apartment complex with 37 LIHTC units serving individuals and families. Six units will be outfitted with accessibility features for disabled residents.

VCDC is proud to announce the closing of the Knightsbridge Apartments. Located in the heart of Arlington, VA, the Knightsbridge project involves the rehabilitation of an existing apartment complex with 37 LIHTC units serving individuals and families. Six units will be outfitted with accessibility features for disabled residents.

In 2014 the Preservation Alliance of West Virginia listed the historic Golden Rule building as an endangered property, citing deferred maintenance and its significant role in the commercial history of Belington. With the support of the Belington Revitalization Committee, the Woodlands Development Group acquired the building in 2017 with the combined goals of preserving a historic landmark and repurposing it for community use, providing much needed quality housing and new jobs.

The Charlottesville Public Housing Association of Residents (PHAR) formed in 1998 with a mission to “educate and empower low-income residents to protect and improve our won community through collective action,” and is a model for community-driven development of affordable housing. Together, PHAR and CRHA are taking on a comprehensive redevelopment and expansion of public and affordable housing in Charlottesville, VA, through efforts initiated and directed by the public housing residents themselves.

As the first permanent supportive rental housing development for homeless and/or disabled veterans in the area, Cedar Grove is helping fill the urgent need for housing for low-income and disabled veterans.

Center in the Square provides housing for arts and science organizations free of charge and offers marketing and other support services to tenants, assuring the stability and viability of their programming. With a variety of arts, science, and entertainment opportunities, it is an invaluable cultural and educational resource for Roanoke residents and visitors

Situated on the former site of the Eggleston Hotel, Eggleston Plaza, built in 2016, houses 42 garden apartments and a ground floor commercial restaurant and retail space. The development was led by The Hanson Company, whose owner Kelvin Hanson has roots in Richmond and prioritized creating a space for long-time residents of Jackson Ward to age in place. Each apartment was designed with high efficiency HVAC systems and Energy Star windows and appliances, reducing utility costs for residents. The building also features a community room and fitness area for resident use.

VCDC is proud to welcome South First Street Phase One to our portfolio. Located in the heart of Charlottesville, VA, the South First Street Phase One project is part of a comprehensive redevelopment and expansion of public and affordable housing operated by the Charlottesville Redevelopment and Housing Authority (CRHA) in collaboration with the Public Housing Association of Residents (PHAR). 

VCDC is proud to announce the closing of the Knightsbridge Apartments. Located in the heart of Arlington, VA, the Knightsbridge project involves the rehabilitation of an existing apartment complex with 37 LIHTC units serving individuals and families. Six units will be outfitted with accessibility features for disabled residents.

VCDC is proud to announce the closing of the Omni Park Place Apartments. Located in Ashland, VA, the Omni Place project involves the rehabilitation of an existing apartment complex with 61 LIHTC units serving seniors. Seven units will be fully outfitted with accessibility features for disabled residents.