Sep 22, 2026Board meeting
Virginia Beach City Council Formal Meeting
The meeting featured a comprehensive update from the Virginia Beach Community Development Corporation regarding its affordable housing portfolio and strategic initiatives. Key discussion topics included the launch of a fundraising campaign for the Solar Springs development, the proposed implementation of a community land trust to maintain long-term housing affordability, and strategies for addressing operational and maintenance challenges within the organization's scattered-site housing model. Additionally, the presentation covered potential future partnerships between the corporation and the city to improve housing capacity, sustainability, and revenue diversification.