The Virginia Department of Housing and Community Development is distributing more than $93 million in housing loans to support housing projects across the commonwealth that are estimated to create nearly 4,000 units for low-income and extremely low-income households, according to Gov. Glenn Youngkin’s office.
The $93 million in Affordable and Special Needs Housing loans administered by the Virginia Department of Housing and Community Development will support 57 projects in various parts of the state. In total, the projects are estimated to create 3,936 units for low-income and extremely low-income households, including 298 permanent supportive housing units, 3,825 rental units and 111 units for homeownership opportunities, according to the governor’s office.
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