Virginia Department of Housing and Community Development

Government Housing and Community Development Administrationdhcd.virginia.gov

DHCD is committed to creating safe, affordable and prosperous communities to live, work and do business in Virginia.

Company typePrivate
Founded1906
HeadquartersRichmond, United States
Headcount101–250
GTM typeB2B
OfferingServices

What Virginia Department of Housing and Community Development does

DHCD is committed to creating safe, affordable and prosperous communities to live, work and do business in Virginia.

Virginia Department of Housing and Community Development firmographics

Firmographics

Name: Virginia Department of Housing and Community Development
Legal name: Virginia Department of Housing and Community Development
Website: https://www.dhcd.virginia.gov/
Company type: Private
Founded year: 1906
Operating status: Operating
Headcount range: 101–250 employees
Short description: DHCD is committed to creating safe, affordable and prosperous communities to live, work and do business in Virginia.
Ownership category
akta.pro rank

Virginia Department of Housing and Community Development industry classification

Industry

Product category: Government Housing and Community Development Administration
NAICS: Administration of Housing Programs, Urban Planning, and Community Development (9251), Administration of Housing Programs, Urban Planning, and Community Development (925), Administration of Urban Planning and Community and Rural Development (92512)
SIC: Services-Social Services (8300)
akta.pro primary industry: State/Provincial Human Services & Benefits Administration (Welfare, Disability, Child & Family) (BPAIABAI)

Keywords

Housing assistance programs
Community development grants
Disaster recovery funding
Broadband deployment programs
Affordable housing administration

Where Virginia Department of Housing and Community Development is headquartered

Location

Headquarters

HQ city: Richmond
HQ country: United States
HQ region: North America

Offices1 record

Markets served

Virginia Department of Housing and Community Development business model

Business model

GTM type: B2B
Offering type: Services
Cost components: Personnel, Operations, Technology or R&D, Others, Infrastructure

Revenue model

Federal Housing and Community Development Grants: DHCD receives and administers federal funding from HUD, FCC, and other federal agencies including CDBG, HOME, NHTF, HOPWA, and BEAD programs. These funds are distributed as grants to eligible recipients across Virginia.
State Housing Trust Fund: Virginia state-funded programs including the Virginia Housing Trust Fund, Virginia Disaster Assistance Fund, and various state-administered housing and community development initiatives.
GO Virginia Economic Development Funds: Growth and Opportunity for Virginia (GO Virginia) funds administered by DHCD to support regional economic development, workforce training, and business growth across the Commonwealth. Since 2017, the program has helped firms access more than $700 million in capital.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Virginia Department of Housing and Community Development product offering

Product offering

Core offering

DHCD is a state government agency that administers federal and state housing, community development, broadband, disaster recovery, and economic development programs across Virginia. It receives funding from HUD, FCC, NTIA, DOE, and the Virginia General Assembly, then distributes these funds as competitive grants, subgrants, loans, and technical assistance to local governments, planning district commissions, nonprofits, housing authorities, CDFIs, internet service providers, and individual households in need.

Differentiator

Problem solved

Functional benefit

Brands

GO Virginia: Growth and Opportunity for Virginia - a regional economic development initiative
Virginia Office of Broadband
Jack A. Proctor Virginia Building Code Academy
Virginia Main Street
Virginia Disaster Assistance Fund

Products and services

Virginia Disaster Assistance Fund (VDAF) A $50 million state-funded program providing financial relief to Virginia homeowners, businesses, farmers, and localities with property destroyed or heavily damaged by natural disaster, including Tropical Storm Helene and the February 2025 storms. Distributed through Planning District Commissions including Cumberland Plateau PDC, LENOWISCO PDC, Mount Rogers PDC, and New River Valley Regional Commission.
CDBG Disaster Relief (CDBG-DR) HUD Community Development Block Grant – Disaster Relief program administered by DHCD, providing long-term recovery funding to Virginia localities impacted by presidentially declared disasters. Recent awards include $7.3 million to Giles County, Washington County, and Town of Fries for Tropical Storm Helene recovery.
Broadband Equity, Access, and Deployment (BEAD) Program A $1.48 billion federally funded program (NTIA/Broadband Equity, Access, and Deployment) administered by DHCD's Office of Broadband to extend broadband infrastructure to unserved locations across Virginia through subgrants to internet service providers.
GO Virginia (Growth and Opportunity for Virginia) Regional economic development initiative operating since 2017 across 131 Virginia localities, awarding grants for industry-aligned training, advanced manufacturing, energy, cybersecurity, and site readiness. To date the program has created 27,000 jobs, served 27,000 businesses, trained 58,000 individuals, and helped firms access over $700 million in capital.
Capital for Communities Fund (CCCF) DHCD program providing grants to Community Development Financial Institutions (CDFIs) to deploy capital and technical assistance to small businesses, entrepreneurs, and affordable housing developers in underserved communities. Recipients include Bridging Virginia, Community Investment Collaborative, ECDC Enterprise Development Group, People Incorporated Financial Services, Virginia Community Development Fund, and LISC.
Virginia Eviction Reduction Program (VERP) DHCD-administered eviction prevention and housing stability program serving Virginia tenants and landlords through the Office of Eviction Prevention and Rental Assistance. Made a permanent state program in 2026.
Weatherization Assistance Program Federally funded program administered by DHCD that increases the energy efficiency of dwellings owned or occupied by low-income Virginians, reducing residential energy costs.
Housing Innovations in Energy Efficiency (HIEE) Program funded through Regional Greenhouse Gas Initiative (RGGI) auction proceeds, administered by DHCD to support energy efficiency and housing innovation in Virginia.
Virginia Main Street Economic and community development program administered by DHCD supporting downtown revitalization in Virginia's historic commercial districts through training workshops, technical assistance, and designation.
Jack A. Proctor Virginia Building Code Academy DHCD-administered training and certification program for Virginia code enforcement personnel, supporting the State Building Codes Office and statewide building and fire code administration.
Affordable Connectivity Program (ACP) Outreach DHCD outreach initiative funded by a $189,000 FCC grant to promote enrollment in the Affordable Connectivity Program, helping eligible Virginia households access affordable broadband and digital devices and reducing the digital divide.
Virginia Enterprise Zone DHCD-administered program providing state and local incentives to encourage business development and job creation in designated enterprise zones across Virginia.

Quantifiable outcome

27,000 jobs created and 27,000 businesses served through GO Virginia since 2017
+6 more outcomes

Companies that use Virginia Department of Housing and Community Development

Customer profile

Named customers9 records

Segments5 records

Ideal customer profiles5 records

Virginia Department of Housing and Community Development technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Virginia Department of Housing and Community Development partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core.

Virginia HousingcoreStrategic or Co-development PartnerVirginia Housing announced DHCD Director Dr. Tamarah Holmes as a new board member for the Virginia Housing Board of Commissioners. Virginia Housing CEO Tammy Neale highlighted the longstanding partnership between DHCD and Virginia Housing in expanding housing affordability and opportunity across the Commonwealth.
Planning District CommissionscoreImplementation/ SI/ Consulting PartnerDHCD distributes Virginia Disaster Assistance Fund through partner Planning District Commissions (PDCs) including Cumberland Plateau PDC, LENOWISCO PDC, Mount Rogers PDC, and New River Valley Regional Commission to ensure help reaches residents quickly and fairly.
Community Development Financial Institutions (CDFIs)coreChannel Partner/ Reseller/ DistributorDHCD's Capital for Communities Fund (CCCF) provides grants to CDFIs including Bridging Virginia, Community Investment Collaborative, ECDC Enterprise Development Group, People Incorporated Financial Services, Virginia Community Development Fund, and Local Initiatives Support Corporation to deploy capital to underserved communities.

Scale indicators11 records

Recent moves6 records

Expansion highlights6 records

Virginia Department of Housing and Community Development competitors and assessment

Company assessment

Direct peers

Virginia Housing: Virginia's state housing finance agency; a quasi-governmental entity that finances affordable housing across the Commonwealth. Highly comparable to DHCD's housing mission, with overlapping leadership (DHCD Director Dr. Tamarah Holmes sits on Virginia Housing's Board) and joint program delivery.
Maryland Department of Housing and Community Development: Direct name and mission counterpart in Maryland; administers CDBG, HOME, weatherization, special loans, and rental assistance programs. Nearly identical organizational mandate and federal program portfolio to Virginia DHCD.
California Department of Housing and Community Development (HCD): California's state housing and community development agency, administering federal block grants, multifamily housing programs, and state housing bonds. Same mission (housing + community development administration) at a much larger scale, making it a useful operational benchmark.
Texas Department of Housing and Community Affairs (TDHCA): Texas's state housing and community affairs agency; administers HOME, CDBG, HTC, and weatherization programs. Closely comparable role as a state-level administrator of federal housing and community development funds.
Pennsylvania Department of Community and Economic Development (DCED): Pennsylvania's combined community development and economic development agency. Directly comparable mission across housing, community development, and small business/entrepreneur support (similar to DHCD's GO Virginia and CCCF functions).

Regional players

North Carolina Housing Finance Agency: Regional state housing finance agency administering federal Low-Income Housing Tax Credits, HOME, and weatherization in North Carolina. Comparable to DHCD's affordable housing financing and federal program pass-through functions, but focused on a different geography.

Broad incumbents

U.S. Department of Housing and Urban Development (HUD): Federal source agency for CDBG, HOME, NHTF, HOPWA, and CDBG-DR programs that DHCD administers. HUD is the federal incumbent that defines the rules and funding DHCD executes against, providing the broader policy and funding framework.

Others

Local Initiatives Support Corporation (LISC): National CDFI and community development intermediary that partners with DHCD (CCCF grantee). Operates in the same ecosystem of affordable housing and small business capital deployment that DHCD funds, but as a private nonprofit rather than a state administrator.
Enterprise Community Partners: National nonprofit focused on affordable housing and community development financing, operating in Virginia. Comparable mission in deploying capital to LMI housing and small businesses via intermediaries, often in coordination with state agencies like DHCD.
National Association of State Housing Agencies (NASHA): Trade association representing state housing finance agencies including Virginia Housing. Provides the industry-level coordination, advocacy, and policy framework that governs how agencies like DHCD operate, but does not administer programs directly.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Virginia Department of Housing and Community Development financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Virginia Department of Housing and Community Development leadership team

Management profile

Number of profiles

Profiles12 records

Virginia Department of Housing and Community Development funding detail

Funding detail

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Virginia Department of Housing and Community Development M&A and investment

M&A and investment

M&A

Investments9 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Virginia Department of Housing and Community Development

What does Virginia Department of Housing and Community Development do?

Is Virginia Department of Housing and Community Development a public or private company?

Virginia Department of Housing and Community Development is a private company. It is classified as state government owned and is currently operating.

When was Virginia Department of Housing and Community Development founded?

Virginia Department of Housing and Community Development was founded in 1906. It employs 101 to 250 people.

Where is Virginia Department of Housing and Community Development based?

Virginia Department of Housing and Community Development is headquartered in Richmond, United States, in the North America region.

How does Virginia Department of Housing and Community Development make money?

Three revenue lines are on record. Federal Housing and Community Development Grants are the primary driver. The others are state Housing Trust Fund and GO Virginia Economic Development Funds.

Who are Virginia Department of Housing and Community Development's main competitors?

Direct peers on record are Virginia Housing, Maryland Department of Housing and Community Development, California Department of Housing and Community Development (HCD), Texas Department of Housing and Community Affairs (TDHCA) and Pennsylvania Department of Community and Economic Development (DCED). North Carolina Housing Finance Agency is listed as a regional player. U.S. Department of Housing and Urban Development (HUD) is listed as a broad incumbent. Others are Local Initiatives Support Corporation (LISC), Enterprise Community Partners and National Association of State Housing Agencies (NASHA).

Does Virginia Department of Housing and Community Development have an API?

No public API is recorded for Virginia Department of Housing and Community Development.

What industry is Virginia Department of Housing and Community Development in?

Virginia Department of Housing and Community Development's product category is Government Housing and Community Development Administration. Its primary akta.pro industry code is BPAIABAI, State/Provincial Human Services & Benefits Administration (Welfare, Disability, Child & Family). Its NAICS code is 9251 and its SIC code is 8300.