The Virginia Housing Development Authority (VHDA) and the Virginia Department of Community Development (DHCD) are considering submitting an application for federal project-based rent subsidy funding under the Section 811 Demo program. Virginia is hoping that this program will provide an additional tool for addressing its commitment to increase community-based services and housing for people with disabilities under a pending settlement agreement with the U.S. Department of Justice pursuant to the Supreme Court’s Olmstead Decision. In order to have a viable application, VHDA and DHCD must be assured that there is sufficient interest on the part of existing LIHTC property owners and/or developers of new LIHTC properties to participate, and that LIHTC investors are comfortable with HUD’s terms and conditions. Stakeholders are asked to review a summary of the Section 811 Demo program and provide written comments to Jim Chandler at VHDA, 601 S. Belvidere Street, Richmond, VA 23220 or jim.chandler@vhda.com no later than Friday June 15th. Questions should also be directed to Jim Chandler at (804) 343-5786.
Click here to learn more about the Section 811 Demo program.