2021 Virginia Partner Profiles
Since its creation in 1972 by the Virginia General Assembly, VHDA has helped Virginians attain quality, affordable housing through public-private partnerships with local governments, community service organizations, lenders, realtors, developers and many others. VHDA provides mortgages for first-time homebuyers, as well as financing for apartment communities and neighborhood revitalization efforts. They offer free homebuyer classes, support housing counseling, and help people with disabilities and the elderly make their homes more livable. They also administer the federal Housing Choice Voucher and Housing Credit programs in Virginia. VHDA is self-supporting and receives no state taxpayer dollars to fund its programs. Instead, they raise money in the capital markets, and contribute a significant portion of their net revenues each year to help meet Virginia’s housing needs.
Virginia Resources Authority
VRA provides innovative and cost-effective financial solutions to meet the infrastructure needs of communities. From water and sewer improvements to transportation and public safety projects, VRA is available to assist local governments and regional authorities with affordable financing for all their capital improvement needs. Since its inception in 1984, VRA has provided over $8.5 billion of financing for more than 1,800 infrastructure projects across Virginia.
For 40 years, the Virginia Risk Sharing Association (VRSA) has remained committed to providing financial stability through risk management for Virginia cities, counties, towns and governmental entities, so they can effectively serve their communities