Virginia

The application process for Capital Impact Partners’ Housing Equity Accelerator Fellowship is now open for Black, Indigenous and People of Color developers in the metropolitan District of Columbia, Maryland and Virginia region.

Virginia Housing will host three meetings to discuss recent programmatic changes at both the state and federal levels and to provide clarity to the upcoming competitive nine percent credit round.

Virginia Housing has suspended the Tax Credit monitoring fees for the 2021 reporting due to the impact of COVID-19.

Effective December 1, 2021, the Virginia Department of Housing and Community Development will begin administering the program for both landlords and tenants.

The Virginia Department of Behavioral Health and Developmental Services is seeking experienced providers to deliver supportive services to individuals with a serious mental illness or developmental disability who live in certain LIHTC properties.

Virginia Housing established a schedule of application deadlines for five potential tax-exempt bond (TEB) issues for the 2022 calendar year.

Virginia Housing updated its Mixed-Income, Mixed-Use/Mixed-Income (MI/MUMI) program underwriting policies with new minimum loan sizing metrics to be applied based on total loan size.  

Virginia Housing, with the Virginia Department of Behavioral Health and Developmental Services (DBHDS) is offering a webinar for property owners and managers interested in building partnerships with community service providers to provide integrated supportive housing from 10 to 11 a.m. ET on September 1.

A grant from Virginia Housing helped bring a 3D printed single-family home in Richmond to life. Compared to traditional construction, 3D printing provides significant savings in time, labor and materials, as well as design flexibility.

As of July 1, 2020, all Virginia landlords must offer the Statement of Tenant Rights and Responsibilities form to prospective tenants before signing the lease. The Virginia Department of Housing and Community Development updated the document as of July 1, 2021, which should be included in all new move-in files within the Virginia Housing portfolio.

Virginia Housing is providing stakeholders an opportunity to weigh in on any, or all, proposed 2022 QAP changes via an online QAP survey. The survey is broken into eight sections and each proposed change is outlined with a description, reference to the applicable page in the QAP where the change is proposed and actual language being considered. The survey will conclude on August 12. Comments can also be sent to TaxCreditApps@VirginiaHousing.com.  

Based on feedback, Virginia Housing made changes to streamline the application process for emergency rental assistance