HP

Hope Parker

Asset Manager at VCDC

Hope Parker is a seasoned professional with extensive experience in administration and property management. As the CEO of I Need Hope Admin Services since July 2010, Hope Parker has led the company in providing exceptional administrative support. In addition, Hope Parker has served as an Asset Manager at VCDC since May 2020 and has held various property management roles since February 2000. Currently pursuing a Bachelor of Business Administration in Business Administration and Management at Strayer University, Hope Parker also has educational experience at Virginia Commonwealth University.

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VCDC

As a Virginia-based, 501(c)(3) nonprofit corporation, VCDC is able to bring statewide resources to local community housing needs, play a leadership role in the development of statewide housing policy, and provide expertise required for the development of affordable housing and access to Low-Income Housing Tax Credits (LIHTC), Historic Rehabilitation Tax Credits and New Markets Tax Credits. VCDC is Virginia’s largest nonprofit investor in LIHTC properties. Special services include early training and technical support to help “grow” community-based affordable housing developers. All projects funded by VCDC have financial strength based on adequate capital reserves for each project, as well as at the fund level, and within the parent corporation. Reserves are set aside to assist properties and project sponsors and to safeguard fund investments. To date, VCDC has raised over $450 Million in capital which has been invested in a portfolio of 21 funds comprised of 178 projects of approximately 6,800 housing units.


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11-50

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