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Virginia regulations · Through 2026 Regular Session (effective July 1, 2026)

13VAC10-40-280: Reduced rate financing

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Where this section sits in the code
  1. Title 13. Housing
  2. Agency 10. Virginia Housing Development Authority
  3. Chapter 40. Rules and Regulations for Single Family Mortgage Loans to Persons and Families of Low and Moderate Income
  4. Part II. Program Requirements

The authority may make or finance mortgage loans with an allocation of reduced rate funding to local governments, nonprofits, and housing industry partners to support special housing needs. Such reduced rate funding must meet the applicable insurer, guarantor, or investor requirements applicable to the first mortgage loan in addition to any additional requirements imposed by the executive director.

Collected 2026-09-14T04:51:46Z. Source file · JSON

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