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Grant: VIRGINIA HOUSING DEVELOPMENT AUTHORITY

Primary Recipient

VIRGINIA HOUSING DEVELOPMENT AUTHORITY

Amount

$44,247,749.00

Award Date

7/17/2009

Administering Agency

Housing and Urban Development, Department of

CDFA Number

14.258

CDFA Program Title

Tax Credit Assistance Program (Recovery Act Funded)

Description

The Tax Credit Assistance Program (TCAP) filled financing gaps caused by the reduction of equity investment in the Low-Income Housing Tax Credit (LIHTC) program. TCAP provided gap financing for the construction or rehabilitation of affordable housing dev

Recipients Connected to Award

Recipient Role Amount
FAIRHILLS HOMES LP Sub-recipient $9,582,248.00
TWIN CANAL ASSOCIATES, L.P. Sub-recipient $8,596,245.00
CLARKE MANOR, LIMITED PARTNERSHIP Sub-recipient $4,279,090.00
FOREST HILLS AT BELVIEW, L.P. Sub-recipient $4,002,742.00
WATERFORD VILLAGE Sub-recipient $3,798,177.00
Nauck Development Partners-1, LP Sub-recipient $2,397,802.00
Chesapeake Apartment Associates, L.P. Sub-recipient $2,350,000.00
Bland Housing I Limited Partnership, James Sub-recipient $2,056,530.00
Claiborne Square LLC Sub-recipient $1,900,000.00
TMG RICHMOND IV, LP Sub-recipient $1,617,212.00
Orcutt Townhomes III Limited Partnership Sub-recipient $1,004,231.00
HAMILTON PLACE, LP Sub-recipient $809,573.00
VICTORIA RIDGE, LLC Sub-recipient $592,046.00
SHORT 18TH STREET HOUSING, LP Sub-recipient $564,737.00
RIVERSIDE PLACE APARTMENTS, L.L.C. Sub-recipient $413,521.00
Louisa United Methodist Housing, L.P. Sub-recipient $283,595.00
VIRGINIA HOUSING DEVELOPMENT AUTHORITY Primary recipient $0.00