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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.
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 302 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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