Virginia Housing
Virginia

The program provides below-market rate financing as well as grants towards our mission of addressing affordable housing needs in Virginia. VHDA funds this program by allocating a portion of its Net Revenues to the program annually. The REACHVirginia program was first funded in fiscal year 2006.

Funding Source
General revenue
Funding Year
2018
Program Status
Active
Total Funding
$64,780,404
Contact
Dale Wittie Virginia Housing [email protected] 804-343-5876
How Provided?
Development loans; Development grants
Data Collected by Program
Does not collect data on income, race, ethnicity, disability status, or age
Program Type
Capital resources
Income Eligibility Threshold
Other income eligibility criteria
Duration
Affordability period is 10 years
Info Source
Program administrator survey response
Last Updated
7/13/23 11:32
Other Eligibility Requirements

No other eligibility requirements

Coordinates Eligibility With

Does not coordinate with other systems

Eligibility Limitations

Does not limit eligibility on these criteria

Priority Populations

Does not prioritize beyond eligibility requirements