FCHC Annual Report 2019

30 Years of Investing in Affordable Housing

At FCHC, a Virginia Housing Development Corporation, we are constantly striving towards building and preserving a supportive future for the City of Falls Church and the DC Metro area.

What do we mean by supportive?

In 2019, FCHC continued its civic support for the City of Falls Church by sponsoring a fifth housing intern for the City’s Housing and Human Services Division. Like the four previous interns FCHC sponsored, this

Richard F. Burns

Thomas G. Vaccaro

year’s student rose to the challenges of the role by contributing to the City Council and Housing Commission’s understanding of current affordable housing issues impacting Falls Church.

At Winter Hill, FCHC’s 83 unit senior affordable housing community, the residents are offered programs designed to keep them connected to the outside world. These support services include annual celebrations marking the Lunar New Year and St. Patrick’s Day. Residents also enjoy regular technology and yoga classes, Brown Bag Lunches, speaker programs and always popular Bingo games. These get-togethers provide social interaction as well as proven health advantages. Additional support comes in the form of interpretive and translation services for Winter Hill’s large Vietnamese population. A grant from the City’s Community Service Fund helped ensure residents were able to participate in programs and services from which they receive tangible benefit. Our newly expanded mission statement more accurately captures FCHC’s role as an important financing partner, now and for the future, in supporting the creation and preservation of the area’s affordable housing. Via pre-development and bridge loans, FCHC’s 2019 investments played a major role in the construction of 814 affordable rental units at six properties in the District of Columbia and Maryland. Finally, we cannot say enough about the valuable support of the volunteers and organizations that sustain our efforts via financial and in-kind service contributions. And you, our members, your support is the foundation of our efforts and will allow us to achieve even more in the future.

Richard F. Burns President, FCHC

Thomas G. Vaccaro

Executive Director & Chief Operating Officer, FCHC

FCHC | Fiscal Year 2019 Annual Report


Powered by