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Workforce Housing Investment Program is sponsored by Virginia Housing. This program provides grants or loan subsidies to partners to develop housing for middle-income workers earning 80%-120% of area median income (up to 150% in rural areas).
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# Workforce Housing Investment Program Learn more about Mortgage Relief Resources Individuals and Families Calendar Workforce Housing Investment Program Multifamily Income Limits Business Partner Calendar Strategic Direction And Annual Reports ###### Individuals & Families Homebuyer Learning Center Rental Housing Invoice Portal Individuals and Families Business Partners About Individuals and Families Calendar Workforce Housing Investment Program Multifamily Income Limits Business Partner Calendar Strategic Direction And Annual Reports Individuals & FamiliesPay Your Mortgage Homebuyer Learning Center [](https://www.
virginiahousing. com/partners/housing-partners/workforce-housing-investment-program#)Grant Management [](https://www. virginiahousing.
com/partners/housing-partners/workforce-housing-investment-program#)HCVP Landlord Portal [](https://www. virginiahousing. com/partners/housing-partners/workforce-housing-investment-program#)HCVP Agent Portal [](https://www.
virginiahousing. com/partners/housing-partners/workforce-housing-investment-program#)Mortgage Cadence [](https://www. virginiahousing.
com/partners/housing-partners/workforce-housing-investment-program#)Rental Housing Invoice Portal [](https://www. virginiahousing. com/partners/housing-partners/workforce-housing-investment-program#)Borrower Inquiry [](https://www.
virginiahousing. com/partners/housing-partners/workforce-housing-investment-program#)Procorem # Workforce Housing Investment Program ###### Advancing Housing Options for Virginia’s Middle-Income Workers In November 2024, we announced a new opportunity to partner with communities through an investment of $75M over the 5 years in affordable housing that will open more doors across the Commonwealth.
This program will accelerate the creation of affordable housing for middle-income Virginians. The first round of awards were announced in May 2025. * Workforce Housing Investment Program Webinar Replay **Password:** eAHRRuH3 * [](https://mc-7eaf08cc-3802-4bab-9abf-a732-cdn-endpoint.
azureedge. net/-/media/docs/partners/housing-partners/workforce-housing-investment-program/workforcehousinginvestmentprogram_slides. pdf?
sc_lang=en&rev=3fac6054f3d543be8e7cc0723c04096c&hash=64AC2F6AFF40EFF4BBC21AD2591B7760)Workforce Housing Investment Program Webinar Slides Virginia Housing will make awards to support communities developing new housing for homeowners and renters making 80%-120% of Area Median Income (AMI). For rural areas, the threshold may be increased to 150% AMI. **If the AMI is $50,000, then:** 80% of AMI would be $40,000.
120% of AMI would be $60,000. * Awards of up to $3 million will be available to communities within a 30-minute drive of a new or expanding business where a qualified job announcement was made within the previous fiscal year. For projects located in rural areas, that drive time will be increased to 45 minutes.
* Up to $5 million can be made available for transformational projects of 500 new jobs or more. * Competitive Application period: Check back for application timelines. * Applications will be scored by a cross-agency team.
* [](https://mc-7eaf08cc-3802-4bab-9abf-a732-cdn-endpoint. azureedge. net/-/media/docs/partners/housing-partners/workforce-housing-investment-program/workforce-housing-investment-program_draft.
pdf? rev=9b31526c8f384e99aea5bf4ffa506752&hash=439BF740F46EC6AE2A5F2BD16882D118)[](https://mc-7eaf08cc-3802-4bab-9abf-a732-cdn-endpoint. azureedge.
net/-/media/docs/partners/housing-partners/workforce-housing-investment-program/workforce-housing-investment-program-handbook-fy26. pdf? rev=4b26f92e44c0491c929ff23fd19e5bb2&hash=E8D2C1055F9BCE2337666BF071ED70EA)Workforce Housing Investment Program Handbook * [](https://mc-7eaf08cc-3802-4bab-9abf-a732-cdn-endpoint.
azureedge. net/-/media/docs/partners/housing-partners/workforce-housing-investment-program/workforce-housing-investment-program_draft. pdf?
rev=9b31526c8f384e99aea5bf4ffa506752&hash=439BF740F46EC6AE2A5F2BD16882D118)Workforce Housing Investment Program Scoring (draft) * [](https://mc-7eaf08cc-3802-4bab-9abf-a732-cdn-endpoint. azureedge. net/-/media/docs/partners/housing-partners/workforce-housing-investment-program/workforce-housing-investment-program_draft.
pdf? rev=9b31526c8f384e99aea5bf4ffa506752&hash=439BF740F46EC6AE2A5F2BD16882D118)Workforce Housing Application(draft) * Eligibility and types of funding Local governments, nonprofits, industrial development authorities, economic development authorities, planning district commissions and other subdivisions of the Commonwealth of Virginia. Applicants are encouraged to partner with for profit developers for these projects.
###### What type of funding is available? This program will provide grants or loan subsidies up to $3 million to partners to develop housing for middle income workers earning 80%-120% of area median income. To be eligible for investment, a locality must be within a 30-minute drive of a business adding new full-time jobs.
Together, the Workforce Housing Investment Program and the locality will provide 20% of the housing development project cost. Application for program funds requires that each locality or nonprofit provide matching funds as described in the chart below.
**Location****Eligibility****Match****Award****Local Match** **Nondistressed locality**100 new jobs 1:1 10% of project cost 10% of project cost **Single-distressed locality**50 new jobs 1:2 13. 4% of project cost 6. 6% of project cost **Double-distressed locality**25 new jobs 1:4 16% of project cost 4% of project cost * [](https://www.
virginiahousing. com/partners/housing-partners/-/media/c227336eebac4954a3fbb5ea12697fed. ashx)[](https://mc-7eaf08cc-3802-4bab-9abf-a732-cdn-endpoint.
azureedge. net/-/media/docs/partners/housing-partners/workforce-housing-investment-program/workforce-housing-investment-program_draft. pdf?
rev=9b31526c8f384e99aea5bf4ffa506752&hash=439BF740F46EC6AE2A5F2BD16882D118)Examples of Project Breakdowns **For more information contact**Chris. McNamara@VirginiaHousing. com**.
** * Toll Free: 877-843-2123 * Richmond Local: 804-782-1986 * Toll Free: 800-828-1140 [](https://www. facebook. com/VirginiaHousing) [](https://www.
linkedin. com/company/virginiahousing) [](https://www. instagram.
com/virginiahousing/) [](http://www. youtube. com/user/VHDAVideos?
feature=watch) [](https://twitter.
com/virginiahsg) Strategic Direction and Annual Reports Homeownership Staff Directory Rental Housing Staff Directory #### Individuals & Families Housing Choice Voucher Administrators Freedom of Information Act Requests Fraud, Waste or Abuse Reporting ↗ * Strategic Direction and Annual Reports * Homeownership Staff Directory * Rental Housing Staff Directory * Freedom of Information Act Requests * Fraud, Waste or Abuse Reporting ↗ #### Individuals & Families * Housing Choice Voucher Administrators * Rental Housing Partners * [](https://www.
facebook. com/VirginiaHousing) * [](https://www. linkedin.
com/company/virginiahousing) * [](https://www. instagram. com/virginiahousing) * [](http://www.
youtube. com/user/VHDAVideos? feature=watch) * [](https://twitter.
com/virginiahsg)
According to the current listing, eligibility includes: Local governments, nonprofits, industrial/economic development authorities, planning district commissions near qualifying job announcements; local match required. Confirm the full requirements in the official notice before applying.
The current listing shows up to $2 million. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Workforce Housing Investment Program is funded by Virginia Housing. Verify program details on the funder's official page before applying.
This opportunity targets applicants in Virginia. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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