Agency
|
Resource
|
Description
|
Point of Contact
|
Amount
|
Date Duration
|
Eligible to Apply
|
Region Available
|
DHCD
|
HOME - Affordable
and Special Needs Housing
|
The Affordable Housing and Special Needs (ASNH)
Housing Program fills gaps in financing the development of new and
rehabilitated affordable and special needs housing for low-income
Virginians. Assistance is most often
provided as permanent financing.
|
Willie Fobbs
Willie.Fobbs@dhcd.virginia.gov
|
Projects funded at up
to $500,000 or $700,000; depending upon facility type
|
Quarterly application.
March 31, June 30, Sep. 30 and Dec. 30.
|
Applicants include
nonprofit or for-profit housing developers, CHDOs and public housing
authorities seeking to develop affordable housing projects in Virginia.
|
Statewide, but the
program gives priority to projects outside those areas receiving a direct
federal HOME allocation through a local PJ or HOME consortium.
|
DHCD
|
Permanent
Supportive Housing Program
|
The highest priority
use for these funds is the creation of additional permanent supportive
housing through new construction, adaptive reuse or rehabilitation of an
existing structure.
The second priority for the use of these funds is the rehabilitation of
existing permanent supportive housing units. Projects must include a full
continuum of appropriate services for project residents. Services must be
tailored to the targeted population. Commitments from the service providers
must be documented at the time of application.
|
Chris Thompson
Chris.Thompson@dhcd.virginia.gov
|
Up to $500,000 per
project.
|
Depends upon
availability of funds. Contact DHCD
for further information.
|
Local governments and
affiliated entities, housing and redevelopment authorities, affordable
housing developers (both for-profit and non-profit), limited liability
holding companies and homeless service providers may apply for Permanent
Supportive Housing funds.
|
Statewide
|
DHCD
|
Neighborhood
Stabilization Program
|
The Neighborhood
Stabilization Program provides emergency assistance to state and local
governments in acquiring and redeveloping vacant and foreclosed properties that
might otherwise become sources of abandonment and blight within their
communities.
|
Cheri Miles
Cheri.Miles@dhcd.virginia.gov
|
Depends upon end-use.
|
Funds fully obligated
but opportunities may exist to partner with existing grantees.
|
Funds fully obligated. Visit DHCD website for a list of partners.
|
Only available for
areas of high foreclose. Visit the DHCD website for a listing.
|
VHDA
|
Micro-Board Loan
Program
|
A low-interest home
loan program to buy, own and
operate a single-family home by a microboard created
to support a disabled person. The microboard must
incorporate as a Virginia non-stock, non-profit corporation in order to be
the mortgagor.
|
Beth Seward Elizabeth.Seward@VHDA.com
|
Varies
|
Immediately
|
Micro-Board
corporation
|
Statewide
|
VHDA
|
SPARC Program
|
Permanent mortgage
financing for rental housing; below market interest rate
|
Beth Seward Elizabeth.Seward@VHDA.com
|
Varies
|
Immediately
|
Developers
|
Statewide
|
VHDA
|
Predevelopment
Loans/Grants
|
Funds that provide
access to below-market predevelopment
financing for typical predevelopment expenses and
VHDA technical assistance.
|
Beth Seward
Elizabeth.Seward@VHDA.com
|
Up to $50,000; Up to
$100,000 in NOVA
|
Immediately
|
Nonprofits and Public
Entities (& For-profits?)
|
Statewide
|
VHDA
|
Accessibility
Modifications
|
Grant to modify unit
to meet accessibility needs of tenant
|
Debbie Griner Debbie.Griner@VHDA.com
|
Up to $10,000
|
7/1/2015
|
DOJ Target Population
|
Statewide
|
VHDA
|
Supportive Housing
Pilot Program
|
Capital investment to
facilitate units for the IDD population
|
Art Bowen Art.Bowen@VHDA.com
|
Varies based on
financing model
|
7/1/2015
|
DOJ Target Population
|
Statewide
|
VHDA
|
Landlord
Participation Initiative
|
Revolving Fund to
facilitate tenant with IDD obtaining rental unit.
|
Beth Seward Elizabeth.Seward@VHDA.com
|
Varies
|
9/1/2015
|
Landlords serving the
DOJ Target Population
|
Statewide
|
DBHDS
|
Rental Choice VA
|
Rental Assistance for
DOJ Target Population- 20 individuals assisted
|
Eric Leabough
Eric.Leabough@dbhds.virginia.gov
|
$712,000
|
November 2014 - July
2018
|
DOJ Target Population
|
Fairfax and VA Beach
|