News

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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Hamilton Perkins in Norfolk, VA

February 20, 2018 | Impact Stories

Hamilton Perkins is a leading entrepreneur in the Norfolk community and founded the Hamilton Perkins Collection, creating bags and shirts made from recycled plastic bottles and the vinyl from old billboard signage. Shirts are 50-50 cotton and plastic (billed as “The Internet’s most comfortable shirt”) and each designer duffel is constructed with 17.5 recycled plastic bottles and lined with 1 yard of repurposed vinyl; every bag interior is unique depending on the billboard used.

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