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Let's do more, together.

You have the vision, and we can help you realize it. With flexible loan capital and technical assistance, our team can help you achieve your goal. Our customers include developers, economic development groups, housing authorities, local governments, micro lenders, small businesses and community organizations. Let's make a positive, sustainable impact in our community. Let's do more, together.

Capital Assistance

We bring capital to your project that is more flexible than bank financing, or we can partner with your community bank or government funding sources to leverage more funding for your project. Check out our loan products to see which one fits your needs.  If you can't find one, don't worry.  Just
contact us.  We might be able to help.

Affordable Housing Products

Economic Development - Small Business Products

Community Facilities Products

Real Estate and Mixed-Use Products

Technical Assistance

VCC also provides technical help for communities or organizations looking to create new projects to provide affordable housing or job creation.  Our staff brings years of experience in community development financing and real estate development. 

  • We can help you understand and secure sources of government and private capital for your project. 
  • We can also help you create project plans and budgets. 
  • We can show you other communities with successful projects. 
  • We can help you connect to knowledgeable sources of additional information. 

Simply contact us to talk about what you are trying to accomplish in your community or neighborhood.

 


History of VCC Loan Commitments

Housing and Community Services

  • 16 loans totaling $6,516,500

Economic Developmental and Small Business

  • 10 loans totaling $4,040,500

Charlottesville Habitat for Humanity

Providing affordable housing and more importantly helping low-wealth families become homeowners is Greater Charlottesville Habitat for Humanity’s primary mission. To achieve this , they have adopted an alternative strategy to providing housing by purchasing trailer parks threatened by development.

 

The Charlottesville affiliate is the first Habitat in the country to try such a strategy. Virginia Community Capital (VCC) provided a line of credit to help enable the organization to gain site control, secured by real estate the group owns, to purchase the $7 million, 100-acre Southwood Mobile Home Park in Albemarle County.

“Right now traditional banks are not very interested in making loans secured by undeveloped land,” Executive Director Overton said. “VCC was willing to do something that other banks were not willing to do.”

 

If another developer stepped in, the 361 families currently living in Southwood would have been displaced. Instead, these families will continue to live there and receive much higher quality affordable housing. With a projected 600 to 800 units available, many new families will also benefit.

To hear our clients testionial click  here

To see the full story, click  here