Richmond Realtors Association’s Quality of Life Strategy
Richmond Association of REALTORS® (RAR) launched their “Quality of Life” investment strategy in May of 2016. This strategy is funded through a loan to Virginia Community Capital (VCC) and donations to The Community Foundation Serving Richmond and Central Virginia (TCF). In this model, RAR is bringing together impact investing and philanthropy to tackle affordable housing and education issues in the Richmond region. How does it work? RAR has invested $1 million into a three-year LION …