Virginia Department of Housing and Community Development
Virginia

The Virginia Housing Trust Fund Competitive Loan Pool is funded through the Virginia Housing Trust Fund (VHTF), which is a special allocation of state funds intended to help address housing needs and reduce homelessness. The loan pool provides low interest loans to meet the financing needs of housing projects which address key state housing policies. Funds may be awarded to projects developing rental units or for sale homes which are made available to individuals or families with incomes at or below 80% AMI.

Funding Source
General revenue
Funding Year
2023
Program Status
Active
State Funding
$60,000,000
Total Funding
$60,000,000
Website
https://www.dhcd.virginia.gov/vhtf-loan-pool
Contact
Chloe Rote 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
80% AMI or less
Duration
Affordability period is 30 years
Info Source
NLIHC internet research
Last Updated
8/8/23 12:37
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