Development Authority approves two attainable‑housing projects under new workforce program
The Virginia Beach Development Authority approved resolutions to support Grand Lake Senior Apartments (172 units) and The Silo (workforce apartments) under the city’s Attainable Workforce Housing program; both awards are structured as multi‑year incremental tax rebates tied to affordability performance.
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The Virginia Beach Development Authority on Oct. 14 approved two resolutions to authorize participation in the Attainable Workforce Housing program and to execute support agreements with the city for two proposed affordable rental projects.
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