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Every action in our lives
touches on some chord that will vibrate in
eternity.
~ Edwin Hubbel
Chapin
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The permanent rental housing programs of VBCDC provide stable,
affordable rental housing opportunities for low-moderate income
persons. These programs provide affordable housing by charging
below-market rents to income eligible persons. Some of the programs
provide Section 8 rental assistance, which provides income-eligible
residents with assistance in the payment of rent.
The acquisition and rehabilitation of housing for these programs
is part of an ongoing coordinated effort with the City of Virginia
Beach Department of Housing and Neighborhood Preservation to
revitalize designated neighborhoods in the city.
VBCDC owns units
scattered in various neighborhoods throughout the city, including
Lake Edward, Green Run, Northridge, Princess Anne Plaza, Indian
Lakes, Campus East, and Rosemount Forest.
The VBCDC owns and manages two small multi-family
properties that serve the mentally disabled along with a 90-day
emergency shelter for homeless families. Currently, VBCDC
owns 292 rental units.
VBCDC rental housing programs include and serve the following:
Transitional housing for homeless families and individuals
Scattered site town homes for low income families
Scattered site condominiums for low income elderly
Section 8 properties for low income families
Small multi-family developments for the low income disabled
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