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2015 Housing Credit Conference

Thanks for making the 3rd Annual Housing Credit Conference a Success!

The Virginia Housing Coalition’s Third Annual Housing Credit Conference was a huge success. With over 300 attendees and a packed agenda, there were many exciting opportunities for professional development and networking.

Click here to view photos from the conference.

Thanks to our many sponsors who made this event possible with their support. We also had many great presenters, including HUD Assistant Secretary Velasquez, who offered their insight and expertise.


Find conference materials, including presentations and a list of attendees, here.


Stay tuned for the dates and location of the 2016 Housing Credit Conference!

Registration Open for the 2015 Housing Credit Conference

Update: Registration closed. Click here to get on the waiting list.

Click here for the 2015 Conference Agenda

Registration is now open for the Virginia Housing Coalition’s Third Annual Housing Credit Conference! The conference will be held October 8-9, 2015 at the Westin Hotel in Richmond. The conference will give tax credit professionals of all experience levels the information and training they need to create stronger proposals and more sustainable projects.

The conference is aimed at for- profit and non- profit developers, lenders, investors, lawyers, accountants, market analysts, appraisers, consultants, planners, architects, housing authorities, and local governments- just about everyone who works in or with the Housing Credit program!

Panel DiscussionThe program will offer sessions for new and experienced professionals. For newer practitioners, the “Tax Credit 101” series will feature topics such as deal fundamentals and structure; finance; QAP basics; application skill building; and compliance. There will be a range of other sessions for more experienced professionals that will include topics such as RAD, Permanent Supportive Housing, Joint Venture Partnerships, How to Pull Together a Deal, and Compliance. The conference’s new format this year will integrate the theme of equity into almost every session.

Patio ReceptionValuable networking opportunities will also be woven throughout the program. We are happy to introduce a new pre- conference session this year: a “Speed Dating”/ Networking Session. This addition to the conference will be a great way to network and meet potential new partners. The first day of the conference will also conclude with an outdoor reception and live music.

VHDA will also host a 2016 Tax Credit Program Forum at the Westin on October 8th from 9:30 to 10:30am. There will be no changes to the QAP this year, but the forum will highlight manual and application changes. Please note that separate registration (free) is required for this session. Click here to register for the 2016 Tax Credit Program Forum.

A room block has been reserved at the Westin Hotel in Richmond for the nights of October 7th and 8th. Rooms are $132 per night. The hotel can be reached at 888-672-7786.


VHC Announces Drew Hogwood Professional Development Fund

Drew DogwoodEarlier this year, The Virginia Housing Coalition announced the creation of a new program to help aspiring housing and community development professionals grow their skills and develop their talents. The Drew Hogwood Professional Development Fund has been initially capitalized at $10,000 and will provide young professionals and students with the opportunity to build their knowledge and skills through education, training and conferences in the fields of community development and affordable housing. Potential scholarship recipients can apply directly to the Virginia Housing Coalition to receive funds that can be used to pay conference registration, training fees and related expenses.

Drew Hogwood was a long time community development banker in Virginia and a friend and supporter of affordable housing. Drew passed away on August 12, 2014 but his spirit and his work continue to live on. Drew had a passion for housing, for community development and for helping people in need.

Drew was a native Virginian and worked for the Federal Reserve in Washington, DC and Dallas. In 1991 Drew returned to Virginia where he became a Senior Vice President for Sovran Bank and then NationsBank.   He later served as Vice President and Community Development Manager for SunTrust Bank where he retired in 2012. After retirement, he returned to consult with the Virginia Community Development Corporation. Throughout his life, Drew was an advocate for affordable housing and community development and served as a volunteer on many Boards and committees. He also had a passion for getting young people engaged in the community development industry that he loved.

VHC would like to thank the following organizations who have committed support to the Fund and look we forward to adding new sponsors that can sustain this fund as a permanent resource for emerging leaders in our field.

  • Bank of America
  • Emerging Leaders Network / VHCIS
  • SunTrust
  • Virginia Community Capital
  • Virginia Community Development Corporation
  • Virginia Department of Housing and Community Development
  • Virginia Downtown Development Association
  • Virginia Housing Coalition Information Service
  • Virginia Housing Development Authority

Scholarship Information and Guidelines

  • Available to housing professionals and students
  • Maximum Award is $250. This can be used for registration, travel, material, or other related expenses
  • The award must be used for events in Virginia or Washington, D.C.
  • Unless a student, you must work in the affordable housing industry
  • Unless a student, must contribute to your professional development

To Apply to the Drew Hogwood Scholarship, click here.

For information about how to contribute to the Fund, please contact Costa Canavos at costa.canavos@berkadia.com or Bob Adams at bob@hdadvisors.net. Contributions are tax deductible. Checks should be made payable to the Virginia Housing Coalition Information Service and mailed to VHCIS, 205 N. Robinson Street, Richmond, Virginia 23220.

Supreme Court Decision Upholds Key Element of Fair Housing Act to Fight Discrimination

Keep Housing FairThe case, Texas Department of Housing and Community Affairs v. The Inclusive Communities Project, Inc., focuses on the disparate impact portion of the Fair Housing Act of 1968, which prevents housing discrimination based on race, color, religion, sex, or national origin.

The question the court answered is whether the Act can be interpreted to prohibit practices that negatively impact minority populations even if the practice does not explicitly intend to to do so. According to the ruling, disparate impact is a recognizable category of discrimination under the law. A practice is discriminatory if it has a disproportionately  “adverse impact” on any group based on race, national origin, color, religion, sex, familial status, or disability. This means that plaintiffs in court cases will only have to prove that a law’s impact results in discrimination, and not the additional claim that the writers of the law intended it to have that impact.

In the future, victims of housing discrimination will be able to use disparate impact claims as a tool to challenge a policy that has the effect of discrimination on a protected class. If a policy is found to have a discriminatory effect under such a claim, it must be changed so that it is both fair and effective. If the policy is found to have a legitimate reason behind it, and no other policy could accomplish the same purpose with a less discriminatory effect, then the policy stands.

Justice Kennedy wrote the majority opinion in the surprising 5-4 decision. “Much progress remains to be made in our nation’s continuing struggle against racial isolation,” Kennedy wrote. “The Court acknowledges the Fair Housing Act’s continuing role in moving the nation toward a more integrated society.” This echoes Virginia Housing Coalition’s continued commitment to ensuring fair, safe, and affordable housing access to everyone. This is a huge win for housing advocates across the United States!

Post authored by William Stroud, VHC summer intern and law student at the University of Richmond

VHC celebrates its 28th Annual Housing Awards Luncheon

Photo Jun 18, 2 16 40 PM

Home is Community!

We would like to thank all the participants that helped make the 2015 Annual Awards Luncheon a success! This year’s Luncheon was held in Richmond at the Convention Center on June 18th and attracted over 300 attendees.

The day started with a panel discussion entitled “Why Housing Matters to Virginia’s Economy.” Mel Jones from Virginia Tech’s Center for Housing Research began the session by giving a preview of the forthcoming study on the economic impacts of the Virginia Housing Trust Fund’s first round of projects in 2013. Next, Greg Wingfield, President and CEO of the Greater Richmond Partnership discussed the importance viewing housing as an economic investment that is necessary for recruiting and retaining businesses and developing opportunities for the vitality Richmond and Virginia as a whole. Bill Shelton, Director of the Virginia Department of Housing and Community Development, talked about changing the conversation of affordable housing to focusing on it as an economic development tool and the activities of the Housing Policy Advisory Council in pursuing the goals of Governor McAuliffe’s Executive Order 32, which seeks to further develop state housing policy. Our very own policy director Zack Miller closed out the session with a presentation on the Housing and Jobs Initiative being developed by VHC to present to the Governor this summer. Click here to view Zack’s slides and provide your input on the initiative!


Senator Watkins Accepting 2015 Legislative Leadership Award

Prior to the lunch, registrants were invited to share what home means to them as part of VHC’s campaign to promote the value and importance of home to all Virginians. Thanks to the brave and creative Virginia housers who took part in drawing on the whiteboards and getting their pictures taken! Check out the pictures here.

The Luncheon and Awards ceremony was very successful, featuring an address by legislative leadership award winner Sen. John Watkins and a thoughtful statement from Sen. Janet Howell (read by Bill Shelton) who was unable to attend due to health. The Game Changers each spoke as they received their awards and the new Housing Hall of Famers shared words of wisdom upon receiving their awards. Susan Dewey of VHDA welcomed in a new class to the Top 40 Network. Congratulations again to the 2015 Housing Awards Recipients! Here is a full list of this year’s winners.

If you missed the event, there are a number of resources from the conference posted on the VHC website. We’ve also posted photos from the Luncheon on our Facebook page.

Hall of Fame Group Shot

2015 Hall of Fame Inductees








Game Changers Group Shot

2015 “Game Changer” Awardees








Top 40 Network Inductees

Top 40 Network Inductees