- Incorporated October 15, 1998.
- 501c (3) Not-for-Profit status approved on August 2, 1999.
- Recognized as a Community Housing Development Organization (CHDO) on February 4, 2000.
- Provides nearly 368 units of housing in the Mat-Su Valley for 500 people (450 by the end of 2021).
- Total development includes $40 million in new construction.
- VRS controls over $100 million of property in the Mat-Su Valley.