Virginia Department of Housing and Community Development
Virginia

The Vibrant Community Initiative (VCI) combines multiple funding sources to support local or regional transformational community-based projects including affordable housing and community and/or economic development components. All VCI-funded projects must include an affordable housing component. Funding for VCI can include funds from the Virginia Housing Trust Fund, as well as a portion of DHCD’s federal CDBG and HOME allocations.

Funding Source
General revenue
Funding Year
2020
Program Status
Active
State Funding
$1,000,000
Website
https://www.dhcd.virginia.gov/vibrant-community-initiative-vci
Contact

Lyndsi Austin Virginia Department of Housing and Community Development [email protected]

How Provided?
Development loans
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 20 years
Info Source
NLIHC internet research
Last Updated
8/4/23 15:34
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

Persons experiencing homelessness or at risk of homelessness; Persons with mental illness; Persons with disabilities