Housing and Community Development Alert:
Fairfax County uses a variety of local and state funding sources to support the new development and preservation of Affordable Housing.
The Fairfax County Department of Housing and Community Development (HCD) has an availability of funds under the federal Community Development Block Grant (CDBG) and HOME Investment Partnerships (HOME) programs to acquire, develop, and rehabilitate affordable housing.
Through tax-exempt financing, the FCRHA is able to provide a vehicle for private developers to obtain below-market interest rate mortgages to acquire, construct and rehabilitate multifamily developments.