The Virginia Housing Trust Fund (VHTF) provides financing for housing construction projects that create or preserve affordable housing units, reduce the cost of affordable housing and increase homeownership. This funding is a key source of financing for these affordable housing initiatives to support moderate-and-low-income families, as well as supporting homeless reduction grants to provide rapid re-housing and longer-term housing solutions for individuals experiencing chronic homelessness.
The Virginia Housing Trust Fund is a special allocation of state funds intended to help address the commonwealth’s housing needs and reduce homelessness. The loan pool provides low-interest loans to meet the financing needs of housing projects directed toward key state housing policies. Repayment rates and terms will be tailored to each project’s needs. Projects demonstrating financial… Learn More
The goal of the Virginia Housing Trust Fund Homeless Reduction Grant is to reduce homelessness in the Commonwealth of Virginia. The Homeless Reduction Grant comprises up to 20 percent of the Virginia Housing Trust Fund. Grant contracts are awarded through a competitive application process to projects coordinated with their Continuum of Care (CoC)/Balance of State Local Planning Group (LPG)… Learn More
The National Housing Trust Fund (NHTF) is a dedicated federal fund that will provide resources that will preserve, build and rehabilitate housing for extremely-low-income Virginians (30 percent Area Median Income or lower). All NHTF funding will be made available through DHCD’s Affordable and Special Needs Housing application review process. This funding will be limited to rental projects (new… Learn More
