Opportunity To rehab the former Hayden High School, the only historic African American high school located in rural Franklin, VA, into 27 Senior housing units and commercial space that will be occupied by Senior Services of Southeast Virginia, the regional organization in South Hampton Roads that supports and enriches the lives of seniors and their families through advocacy, education, information and comprehensive services. The completed Hayden Village Center will include a number of community services …
Supporting Affordable Housing on the Eastern Shore
Opportunity There is a shortage of safe and affordable housing on the Eastern Shore of Virginia. With the Bailey House Apartments project, the Eastern Shore Housing Alliance will be able to assist the private housing production sector in delivering adequate housing, related services, and facilities to the market. Solutions Mission-Focused Lending As a Community Development Financial Institution (CDFI), VCC can support projects like Bailey Road Apartments with VCC’s mission to create jobs, energize places, and …
VCC Helps with Grocery Feasibility in Lynchburg, VA
The News & Advance
Nonprofit surpasses $1B in project impact
Richmond Times Dispatch
Initiatives underway to combat Richmond’s food deserts
Richmond Times Dispatch
Seven Hills Food Company gets $2.25M loan to expand in Lynchburg
The News & Advance
Strengthening Local Food Systems in Lynchburg, VA
Opportunity For nearly a century, the plant on Holliday Street in Lynchburg has processed Virginia-grown meat. The facility was purpose-built as an abattoir and Seven Hills Food Co. are now just the fourth tenant in its long history. These buildings are a rarity in this era, often converted for other industry, into lofts, or even torn down. Solutions Mission-Focused Lending As a Community Development Financial Institution (CDFI), VCC can support projects like Seven Hills Food …
VCC Finances Hayden High School Renovation in Franklin, VA
The Tidewater News
Opportunity A vacant and dilapidated 12,000 square foot building in the heart of the Bedford community. Developer Dave McCormack worked with Virginia Community Capital (VCC) to fund the first brewery in Bedford, Virginia, Beale’s Beer. The brewery creates a dog and family friendly space for the community to enjoy and come together while also bringing jobs to the area. Solutions Flexible Funding The projects VCC backs are sometimes considered “too complicated” from the broader financial …
A Brewery Brings Jobs to Petersburg, VA
Opportunity Developer Dave McCormack worked with Virginia Community Capital (VCC) to fund Trapezium Brewing Company. The brewery creates a lively, vibrant gathering place that brings new life to a vacant building, attracts residents and visitors to Old Towne Petersburg while creating jobs and revenue for the city. Solutions Flexible Funding The projects VCC backs are sometimes considered “too complicated” from the broader financial community. VCC funded McCormack’s Trapezium Brewing Company with several other financial and …