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Virginia Community Development Corporation
Tranquility at the Lakes – Virginia Beach, Virginia

Tranquility at the Lakes is a three-story community of 40 affordable, independent living apartments for seniors in the Barton Station area of Virginia Beach, Virginia. For decades, the residents of Burton Station, a community established by freed slaves over 100 years ago, sought infrastructure and other public improvements. Their tenacity paid off and the City of Virginia Beach began the implementation of improvements along with targeted land uses consistent with preserving the community’s residential character. The city and stakeholders agreed that housing for seniors would complement these public improvements and would ensure long-time residents would have opportunity to age in place and construction on Tranquility at the Lakes began in 2016. The entire development meets EarthCraft Platinum Certification standards and meets VHDA’s Universal Design standards.

The team behind Tranquility at the Lakes features a longtime VCDC partner, Community Housing Partners Corporation, and first-time partner and developer, Seniors Unlimited Lifestyles, Inc. Through the Housing Equity Fund of Virginia XIX, L.L.C., VCDC provided $4.25 million in LIHTC equity investment for Tranquility at the Lakes as well as technical assistance to the first-time developer Seniors Unlimited Lifestyles, Inc.