Impact Stories

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 …

OPPORTUNITY In August 2019, Cristo Rey Richmond High School opened its doors to 95 students, marking the realization of a mission to provide a private-school education to students of limited economic means. It’s the kind of environment many families in Richmond simply can’t afford. The education, which sets high school students up for success in college, is paid for mostly by corporate support and donations, which greatly reduce the tuition impact on families. Part of …

OPPORTUNITY In July 2019, the Town of Bluefield’s Industrial Development Authority (IDA) bought an empty building in the heart of its idyllic Southwest Virginia downtown. The vision: Turn the 5,400-square-foot commercial building — once home to a carpet store, dance theater, fitness center, and medical equipment company — into a small business and retail incubator to accelerate business growth. Bluefield, a community of 5,400 in Tazewell County, has put a focus on sparking new ventures and …

Opportunity Converting a former candy factory into a 43-unit multifamily housing project – with expansive water views of the Pasquotank River – could contribute to economic development in downtown Elizabeth City, N.C. Built in 1921 as the modern home of The Weatherly Candy Factory, the building once witnessed the production of up to 2 million pounds of candy annually. The Weatherly family founded the business in 1890, with generations overseeing it until its closing about …

Spread over 285 acres, the Winton Country Club estate in Amherst County is home to the historically significant Sarah Henry Manor House, an outdoor swimming pool and tennis court, and an 18-hole golf course with stunning views of the Blue Ridge Mountains at every turn.

OPPORTUNITY Southside Community Development and Housing Corporation (SCDHC) is a nonprofit serving Richmond and the counties of Chesterfield and Henrico. The organization earns most of its revenue through home sales to individuals and families earning below 80% of the area median income. That means price points are typically between $160,000 and $180,000 for a new home certified by EarthCraft, a top standard for environmental stewardship in building materials, environmental use, and daily operation. Yet in …

For nearly a quarter-century, Appalachian Voices has been working side-by-side with local communities to protect the land, air, water, and people of Central and Southern Appalachia.  The organization also advocates for an equitable clean energy economy that will better serve the region. The effort centers on a continued push away from fossil fuels and making sure that people in the region have access to healthier energy sources, like affordable solar power. These shifts lead to …

Opportunity After purchasing the 25-acre Clopton Siteworks and its 26 former tobacco warehouses in South Richmond, Lynx Ventures has been redeveloping the community to create office, warehouse, and studio space for small businesses. Already, 11 of the buildings have been renovated and leased for many different uses, starting to reinvigorate a once-vibrant neighborhood. Among the early tenants in the reimagined Clopton Siteworks was Hatch Kitchen, co-founded by Lynx Ventures, Brad Cummings, and Austin Green.  Hatch …

Addiction is a struggle for many people. The McShin Foundation, founded in 2004, provides the resources and tools to help individuals succeed in their initial battle and for sustained recovery over the next three years. From two offices in a church basement, McShin now offers a 15,000-square-foot recovery residence and more than 100 beds across the Greater Richmond area. Last year, the Foundation served 419 participants, including 172 individuals in its 28-day residential recovery program. …

Tom McDougall and the team at 4P Foods have been “one of the lucky ones” among the many food businesses that have struggled or been overwhelmed by supply shortages during the COVID-19 pandemic. “As grocery stores were emptied and online delivery was seeing spikes in demand, local farms have remained open for business,” says McDougall, whose organization delivers farm-fresh food to homes and businesses in the Washington, D.C. region, and is expanding through Virginia. “It …