Working Together to Ease Community Burdens

FISCAL YEAR 2015 ANNUAL REPORT

OUR MISSION

FCHC’s mission is to preserve and increase service enriched

affordable rental housing, serve unmet needs,

and help to ensure that low to moderate income

people have housing they can afford.

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Falls Church Housing Corporation (FCHC): Working Together to Ease Community Burdens

2015 WAS A MILESTONE YEAR IN SEVERAL WAYS. It marked FCHC’s 35th anniversary. It was also the

40th anniversary of the Community Development Block Grant program, a milestone we celebrated with

the City of Falls Church and past block grant recipients.

In the last year we have strengthened our commitment to working with the City of Falls Church on

meeting the needs of this community. FCHC has been honored to join with the City to be a part of its

consolidated plan. We worked together to create an emergency heating and cooling center for senior

and disabled citizens of Falls Church. In close coordination with the Fire Marshal and other City

officials, we were able to address that particular unmet need while increasing the effectiveness of our

public/private partnership.

Another example of our partnership with the City’s was the underwriting of a stipend to keep a highly

regarded intern in place to work on the City’s consolidated plan. This member-funded support was

made possible through the generosity of FCHC’s 2015 Financial Partners acknowledged in this

annual report.

The City’s intern, did an exceptional job helping to bring into sharp focus the critical challenges FCHC

and the City are working together to address. Currently in Falls Church, 41% of the citizens renting

their homes and 20% of the homeowners fall within HUD’s “cost-burdened” definition, households

paying more than 30% of their income on housing. Those numbers are unacceptable. What’s equally

unacceptable is the fact that those housing cost burdens are being borne by teachers, firefighters,

police officers, members of the clergy, health care providers, and many other low to moderate income

valued members of our community.

In order to meet anther City need, FCHC was very pleased to be able to lease a three-office suite to

CASA de Virginia at a deeply discounted rate for 2015 and beyond. CASA now has a conveniently located

place to offer legal services to the immigrant community of Falls Church.

We have made great strides at working together and we can and we must do more to ease the burdens

of our neighbors in need of affordable housing in Falls Church.

Richard Burns President, FCHC a Virginia Community Development Corporation

Thomas Vaccaro Executive Director & COO, FCHC

Financial PartnersAS OF DECEMBER 31, 2015

2015 has marked another year of great

partnership for FCHC a Virginia Community

Development Corporation. We truly value

the generosity of each and every partner

acknowledged in this annual report. FCHC

is committed to expanding our partner

relationships in the coming years and

building on this foundation of support.

A large and unacceptable number

of Falls Church households are

considered “cost-burdened,” paying

more than 30% of their income

on housing. Those numbers are

unacceptable. What’s equally

unacceptable is the fact that those

housing cost burdens are being

borne by teachers, firefighters,

police officers, members of the

clergy, health care providers, and

other low to moderate income

valued members of our community.

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2015 Members

Sherry and Don Beyer

Judy and Joe Bracken

Marilyn and Paul Bugg

Shirley Camp

Cathconn Associates

Kathleen and Robert Donovan

Dulin United Methodist Church

Leslie and Phillip Duncan

C. Tutty Fairbanks

Mary Fitzgerald

Sara Fitzgerald and Walt Wurfel

Ellen and Richard Flaherty

Wendy Frieman and Col. David Johnson

Laurie and Ian Graig

R.K. and Dana Kaufman

Susie and Dan Larcamp

Willa and Ted Lutz

Mary Ann Mahoney

Martha and Richard Meserve

Cindy Mester

Alphonse M. Nguyen

Tam T. Nguyen

Christine and Brian O’Connor

Ann O’Neil and Lex Shelton

John Pitas

Janet and Richard Qualters

Glenda L. and Dr. Steven Rogers

Diana and Stephen Ruth

Ellen and Carl Salsbury

Sharon Schoeller

Nancy and Jim Scott

Carol Ann Siciliano and Kevin Ogle

Edith and David Snyder

Melissa Teates

John Waint

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330-B.S. Virginia Avenue, Suite 2

Falls Church, VA 22046

703.241.5402

www.fchccdc.org