Impact Stories

Mountain Top Timber

July 24, 2018 | Impact Stories

Mountain Top Timber Products provides quality wood chips to the paper and pulp industries and various other markets. The demand for the high-grade chips produced by Mountain Top has given the company the opportunity to expand operations and double in size – creating roughly 15,000 tons of wood chips per month.

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Supporting Renewal in South Richmond

July 16, 2018 | Impact Stories

Virginia Community Capital has a mission to support development and job growth throughout Virginia. You’ll find an example in the greater Richmond area, where we have been working alongside numerous partners to rebuild the Jefferson Davis Highway corridor, which starts in the south of the city and extends well into Chesterfield County.

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Best for the World 2018

June 22, 2018 | Impact Stories, In the News

This year Virginia Community Capital was named 2018 Best for Overall, 2018 Best for Community and 2018 Best for Customers by scoring in the top 10 percent of all B Corps of the B Impact Assessment. See our score and learn more about the other honorees — we’re in great company.

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Pinecrest School

June 5, 2018 | Impact Stories

Pinecrest School, now in its 61st year, is a non-profit, independent preschool-through-sixth grade located just outside of Washington, D.C. Pinecrest has two buildings on campus, the most recent built in 2004. The second structure, however, is deteriorating and in need of a safer, more energy efficient replacement to accommodate a larger student population.

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Cape Charles Brewing Company

April 11, 2018 | Impact Stories

Cape Charles Brewing Co. is bringing locally made craft beer into the heart of the resort town of Cape Charles along this 70-mile stretch of land between the Chesapeake Bay and Atlantic Ocean. The Marshall family purchased a 2.5-acre property on Stone Road – the main thoroughfare into Cape Charles – and is in the midst of developing a 16,000-square-foot brewery and tasting room and, later, brewpub and event space. The production facility is expected …

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Weaver Manor

April 5, 2018 | Impact Stories

In the small southern Virginia city of Emporia, a low-income housing community – while well-managed and maintained – was in need of an upgrade to preserve the property and keep its operation cost effective. So the 22-year owner of Weaver Manor, Bob Margolis, decided to sell the community to a limited partnership composed of his two longtime business partners, Adam Stockmaster and Ari Severe, and together they would update the aging property. The team turned …

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Bliley’s Garage

March 28, 2018 | Impact Stories

Jackson Ward is one of Richmond’s most historic neighborhoods that has experienced an economic renaissance in its downtown corridor over the past decade. With the promise of major future developments to come, Jackson Ward has thrived with new restaurant, retail, and living spaces. Jackson Ward’s revitalization was at the heart of a new VCC loan to help a local real estate investor purchase a 15-unit apartment building, called Bliley’s Garage. The property, once a service …

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Clopton Siteworks – Unit B in Richmond, VA

March 27, 2018 | Impact Stories

As Richmond manufacturing has evolved, the need for large amounts of warehouse space for the tobacco trade has declined, providing pioneering developers with properties to create innovative new residential, commercial, and industrial spaces. The Clopton Siteworks development is transforming tobacco warehouses in south Richmond into flexible, modern office and warehouse spaces for a new generation of workers and emerging companies. The project’s ultimate goal is to bring 500 jobs to the Jefferson Davis Corridor. The …

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Heart Havens in Chesterfield County, VA

March 12, 2018 | Impact Stories

Heart Havens has seven group homes throughout Virginia that support adults with a developmental disability. The nonprofit empowers its residents to live happy and vibrant lives and empowers them continue to enjoy their passions while pursuing their goals. The idea for Heart Havens began with a simple question in 1993, when a parent of an adult with a developmental disability asked her United Methodist pastor: “Where will my child live when I’m gone?” Over the …

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How Virginia companies are harnessing solar power

March 5, 2018 | Impact Stories

Last year was a breakout year for the solar-power industry, as businesses large and small around Virginia began to realize not only the sustainability aspects of installing a solar power system but also the real potential for financial returns through energy savings – and taxes. Indeed, owners of a solar electricity system can utilize the 30% federal tax credit and use accelerated depreciation to maximize their returns. In recent years, Virginia Community Capital and our …

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