Governor Northam Announces Initiative to Encourage Growth in Virginia’s Opportunity Zones
Commonwealth to partner with Virginia Community Capital to create online marketplace matching investors with communities.
Creating more affordable housing in Warrenton
Borrower : Foothills Housing Corp. Where : Warrenton, VA Loan Amount : $2 million Project Type : Commercial Real Estate Loan Opportunity In 1970, Foothills Housing Corp. started making improvements to single-family homes that lacked indoor plumbing and has continued to grow throughout the years. Today, the nonprofit offers services such as emergency home repair, disability ramps, and energy efficiency services for low-to-moderate income families and seniors. They also develop and manage a number of …
HomeTrust Bank announces $2.5 million investment with Virginia Community Capital
HomeTrust Bank announced a $2.5 million investment with Virginia Community Capital (VCC), a community development financial institution serving communities throughout the Commonwealth and the U.S. HomeTrust Bank’s commitment includes directing its funds into three LIONs (Local Impact Opportunity Notes) with VCC to benefit the areas of Roanoke, Martinsville, and Danville. The investment from HomeTrust—a community-focused financial institution with 10 branches in Southwest Virginia —will support VCC’s mission of fostering vibrant communities in Virginia. There …
Bringing energy savings to public-purpose buildings
VCC partners with Vermont-based Commons Energy to provide energy savings to public-purpose buildings in Virginia
Borrower : Snap Car Buying, Inc. Where : Chantilly, VA Loan Amount : $1.06 million Project Type : SBA 7(a) Business Acquisition Opportunity Snap Car Buying Inc. is a Chantilly auto dealership that sells higher-end used vehicles at competitive prices. Most of its cars come from auctions and are bought in near perfect condition, found by an experienced buyer who has been in the industry for nearly two decades. Snap understands that most prospective buyers start …
Tax breaks in opportunity zones could spark investments in parts of the Richmond area
The Richmond Times-Dispatch
GamerBus is a popular gaming bus filled with video gaming equipment traversing the Hampton Roads region, bringing big titles like Fortnite, Madden, and Super Smash Bros. to birthday parties and other special events.
YWCA Richmond announces 2019 class of Outstanding Women Awards
VCC President and CEO Jane Henderson is awarded a YWCA of Richmond Outstanding Women Award in the division of business. The Outstanding Women Awards embodies YWCA’s commitment to engage, develop and honor women leaders whose work helps make our community stronger,” said Linda S. Tissiere, YWCA Richmond’s chief executive officer. “Each of these women are being recognized for their significant achievement in leadership and their important impact on our region’s health and vitality.” Read the …
Virginia Community Capital President and CEO receives YWCA of Richmond’s Outstanding Women Award
39th Annual Outstanding Women Awards celebrate accomplishments of Jane Henderson, visionary women throughout Greater Richmond
Carilion buys former bank building in downtown Roanoke
Carilion buys the former Wells Fargo building in Roanoke from VCC, providing us capital to put back into the Roanoke community. Now that it is safe and in the right long-term hands, it will be wonderful to see what unfolds in the coming years.” Read more about the building and Carilion’s plan for its future here.