REACH Programs (Resource Facilitation)

VHDA’s mission is to be the leading mobilizing force for affordable housing in Virginia and the REACH Virginia initiative is vital to the success of this mission. As successors to the former Housing Initiatives Team (HIT) and the Virginia Housing Fund (VHF), REACH represents a substantial increase in personnel and financial resources. In many ways, REACH Virginia is the embodiment of VHDA’s commitment to local housing groups, non-profits, developers, and other partner groups to meet tomorrow’s affordable housing needs. If we can’t offer you the funding you need, we’ll work to identify potential financing from other sources.

VHDA loans are designed to meet the various demanding needs of today’s housing markets—from high-cost, high-growth areas to older cities grappling with revitalization issues to slow-growth, rural communities. In addition to our homeownership and rental housing financing, VHDA finances targeted loan programs through our REACH Virginia monies.

The REACH Team’s resource facilitation efforts are intended to maximize the resources available for priority housing needs in Virginia and represent VHDA's commitment to subsidized lending programs. These programs provide lower interest rates for homeownership and multifamily rental strategic lending programs.