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FUND PORTFOLIOS




Virginia Community Development Corporation
Freedom Lane – Wytheville, VA

Freedom Lane, a community that provides permanent homes to homeless and disabled veterans, is the first of its kind in southwest Virginia. Developed by Wytheville Redevelopment & Housing Authority (WRHA), this new construction project consists of 24 fully accessible one and two-bedroom garden apartments in nine duplex and triplex buildings and an 1,825 s.f. community building where residents can access a comprehensive array of services that have been coordinated on their behalf as well as a place to connect with their neighbors. The entire development meets green building and energy efficiency standards of the EarthCraft program and meets VHDA’s Universal Design standards.

Through the Housing Equity Fund of Virginia XIX, L.L.C., VCDC provided $3.8 million in LIHTC equity investment. Freedom Lane is VCDC’s fourth investment in properties developed by WRHA. Other funding sources include First Bank of Virginia, Virginia Department of Housing and Community Development and the Town of Wytheville.


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