Author Archive

Virginia Community Capital and LOCUS Impact Investing are excited to launch Reimagine Together, a storytelling series to celebrate VCC’s 15-year anniversary. Throughout the summer and into the fall, VCC will be sharing stories of mission-driven projects and partnerships from throughout our history. Thanks to the help of many likeminded collaborators, these multimedia stories will cover the community impact we’ve supported in various areas, including affordable housing, job creation, entrepreneurship, healthy food access, impact investing, and more. We’ll discuss how the …

On July 2nd, Senator Mark Warner hosted an event in Richmond to discuss the recently announced U.S. Treasury award of $1.25 billion in COVID-19 relief funds to 863 community development financial institutions (CDFIs) nationwide. VCC welcomed the Senator at Home Team Grill in the Fan district of Richmond, alongside some of our clients and collaborators. Those in attendance met VCC partners including Bon Air Soap Company, Reliable Tax, Virginia LISC, The Jackson Ward Collective, The …

Yesterday, Vice President Kamala Harris, Treasury Secretary Janet Yellen, U.S. Senator Mark Warner, and U.S. Representative Maxine Waters announced the U.S. Treasury’s award of $1.25 billion in COVID-19 relief funds to 863 community development financial institutions (CDFIs) nationwide. Distributed via the Treasury’s CDFI Rapid Response Program (CDFI RRP), this funding will support CDFIs in their efforts to increase access to capital in communities hardest hit by the pandemic. Virginia Community Capital (VCC) is thrilled to announce …

Jackie Puente will govern and advise organization on mission, direction, and focus RICHMOND, Virginia — (March 31 , 2021) – Virginia Community Capital (VCC) announced today the election of Jackie Puente, Executive Director for External Affairs at Comcast Corp., to the board of directors. Puente will join 12 other directors, guiding the organization’s mission, direction, financial sustainability, and efforts to deepen impact. In her role at Comcast, Puente is responsible for engaging diverse stakeholders on …

Funds will provide capital and technical assistance to bolster diverse small businesses impacted by COVID-19   RICHMOND, VA – February 4, 2020 – Wells Fargo has selected Virginia Community Capital (VCC) to help underserved small businesses stay open and save jobs in Richmond. The $1.5 million in funding will aid the organization’s short- and long-term COVID-19 recovery efforts, technical assistance, and lending programs for diverse small business owners. The grant is part of Wells Fargo’s Open …

Jane Henderson announces her retirement after a 40-year career After four decades in the banking industry, Jane Henderson plans to retire this year as President and CEO of Virginia Community Capital (VCC). As the organization’s founding executive director, Henderson has led VCC since its inception in 2006. Her banking career includes 29 years spent in community development finance. VCC, a community development financial institution (CDFI), was born out of a $15 million investment and a vision …

To our communities and partners, Today, and every day, we stand in support of our Black neighbors and communities who continue to suffer injustices and loss of life due to the color of their skin. With the backdrop of the disproportionate impact of COVID-19 on people of color, the pain, suffering, and anger resulting from the murders of Ahmaud Arbery, Breonna Taylor, George Floyd, and many others have touched every neighborhood in our country. In addition …

Northern Trust Corporation is partnering with the Self-Help Fund, the National Development Council (NDC) CDFI Subsidiary Grow America Fund (GAF), immito, and others to provide $100 million in low-cost funding to CDFIs to help them provide loans to small businesses and nonprofits via the federal Paycheck Protection Program. Virginia Community Capital is among the group of nationwide recipients of these funds. Read more here.