Investor Information
The Investor Information section of Virginia Housing Development Authority's (the "Authority") internet site provides information about securities issued by the Authority. Because each security may involve different sources of payment and security, different obligations of the Authority and/or any obligated person, and different terms and limitations on such obligations, users should refer to the official statement of any particular security for additional information. CUSIP identifiers have been provided by CUSIP Global Services, managed on behalf of the American Bankers Association by Standard & Poor's Financial Services, LLC, and are not for use or dissemination in a manner that would serve as a substitute for any CUSIP service. The CUSIP Database, © 2011 American Bankers Association. "CUSIP" is a registered trademark of the American Bankers Association.

Please take a few minutes to read the Terms of Use below and indicate your acknowledgment and agreement before accessing the Investor Information section. The Terms of Use are essential to understanding the information presented in the Investor Information section.

Terms of Use
1. Not an Offer to Sell/Buy Securities

The information provided in the Investor Information section does not constitute an offer to sell or buy securities or the solicitation of an offer to sell or buy securities and should not be relied upon to provide specific offering information in connection with any issuance, sale, resale, or remarketing of securities.

2. Dates of Documents

Any financial document contained in the Investor Information section is marked with a Dated Date or "as of" date and speaks only as of that Dated Date or "as of" date, which may be prior to the date it is posted in this section. Users are cautioned not to assume that any information has been updated beyond its Dated Date or "as of" date unless a document expressly states that it constitutes an update of all or a specific portion of a document. No inference should be made that the financial condition or operations of the Authority, the status of its securities or assets, and/or other economic conditions have remained the same since its applicable Dated Date or "as of" date. The Authority is under no obligation, and expressly disclaims any duty, to provide an update of any document or information contained in the Investor Information section.

3. Information is Subject to Change Without Notice and May Not Be Updated

The information is subject to change, completion or amendment without notice and may not be updated, and the posting of information in the Investor Information section does not imply that there has been no change, completion or amendment in such information.

4. Estimates or Other Forward-Looking Statements

The documents contained in the Investor Information section may make "forward-looking statements" by using forward-looking words such as "may," "will," "should," "expects," "believes," "anticipates," "estimates," or others. Users are cautioned that forward-looking statements are subject to a variety of uncertainties that could cause actual results to differ from the projected results. Because the Authority cannot predict all factors that may affect future decisions, actions, events, policy decisions, or financial circumstances, what actually happens may be different than what is included in forward-looking statements.

5. Unaudited Information

Information in the Investor Information section is prepared "without audit" unless otherwise identified as audited financial information.

6. Investment Decisions

The Investor Information section is for general information purposes only and is not intended to replace any information or consultation provided by a professional financial advisor. The information in this Investor Information section may not provide all relevant or current information for an investment decision; therefore, the information in this section should not be solely relied upon in making an investment decision.

7. Unauthorized Use Not Permitted

This is the only Investor Information section of the website of the Authority. The Authority disclaims all responsibility for any copies, modifications, and reproductions of this website section and the information it contains that are not produced by the Authority. All users of the Investor Information section of the Authority's website remain subject to the general Disclaimer of the Authority's website, including the Authority's Web Policy.

Click Accept to acknowledge your review and understanding of, and agreement to, the above Terms of Use without limit or qualification, and that you accept the risks and limitations described above.