Investor Presentaiton
THE VIRGINIA AGING NETWORK
OTHER STATE AGENCIES AND AGING INITIATIVES (cont.)
Virginia Housing
Development Authority
(VHDA)
VHDA provides long-term mortgage financing for the construction or acquisi-
tion and rehabilitation of affordable rental housing for low- and moderate-
income seniors. The Rental Unit Accessibility Modification Grant provides
funding for ADA modifications to make rental units accessible to low-income,
disabled tenants. The Granting Freedom Program provides funding for modi-
fications to make living spaces more accessible to disabled veterans, ser-
vicemen and women. In SFYs 2014-2018, VHDA allocated $13,360,826 in
Low Income Housing Tax Credits to 25 senior housing developments con-
taining 1,488 affordable rental units.
DARS also benefits from partnerships with other state agencies, statewide aging services, as well as ad-
vocacy and LTSS organizations and agencies. These partnerships are critical in optimizing opportunities
and addressing issues, including the growing impact of ADRD, housing and transportation services, and
community engagement.
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