March 14, 2016

Virginia Supportive Housing Opens Mixed-Income Community in Virginia Beach

Virginia Supportive Housing just opened Crescent Square! This mixed-income community in Virginia Beach includes 42 units for formerly homeless individuals and 38 units for individuals earning 50 percent or less of the area median income. VHDA provided a very low interest rate loan to keep rents affordable, and the development also received an allocation of Housing Tax Credits. We’re pleased to see supportive and affordable housing in Hampton Roads!

Find out about the mission of Virginia Supportive Housing. Read their news release.

Our Multifamily Division specializes in providing just the right type of financing for rental properties and mixed-use developments all over Virginia. Contact our Multifamily Development Staff or get more information about VHDA's multifamily financing programs and the Housing Tax Credit program. Visit

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