Land Bank

By | June 14, 2018

Public or community-owned entities created for a single purpose: to acquire, manage, maintain and re-purpose vacant, abandoned, and foreclosed properties.

Low Income Housing Tax Credit (LIHTC)

By | June 14, 2018

The LIHTC program effectively uses tax policy to help develop affordable rental housing for low and very low-income families. Originally part of the Tax Reform Act of 1986, the LIHTC program leverages private capital and investor equity to support the development of new and rehabilitated affordable rental housing. The credits are competitively priced. In Virginia,… Read more »