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Virginia Community Capital

Asset Classes ServedWorking Capital, Single-Family Housing, Commercial, Commercial Real Estate, Community Facilities - Childcare, Community Facilities - Education, Community Facilities - Healthcare, Community Facilities - Other, Multi-Family Housing, Small Business, Low Income Housing Tax Credit, Rural
Geographies ServedVirginia
Services ProvidedOther Consulting and Specialty Service, Advisory
Interest Areas
Small Business

Sponsor Highlight, February 2020: Relive VCC's 2019 Learning Exchange!

Sponsor Highlight, November 2019Congratulations to all FY 2019 CDFI Program and NACA Program Award recipients!

Virginia Community Capital is a Community Development Financial Institution (CDFI) with a mission to create jobs, energize places, and promote an enhanced quality of life for Virginians. In addition, it provides professional advisory services to individuals and organizations in low-to-moderate income and underserved communities.

A Unique Structure

As unique as it is successful, Virginia Community Capital is structured as a non-profit CDFI with a for-profit bank, VCC Bank. As a CDFI, we are able to provide credit and financial services to people, businesses, and communities not served by mainstream lenders. On the for-profit side, VCC Bank is the first regulated bank in America to become a Benefit Corporation, and for many years has been B Certified from the nonprofit B Lab, meeting rigorous standards of social and environmental performance, accountability, and transparency. 

Social Impact

With an eye towards impact, VCC-financed projects have:

  • created or retained more than 5,500 jobs
  • financed over 5,000 affordable housing units
  • funded nine much-needed healthcare facilities

VCC's staff has also provided more than 14,000 hours of free advising to community members across the state.  

VCC History

Established in 2006 by a group of bipartisan Virginia legislators and seeded with a $15 million state-backed investment, its mission was to create a business model to attract resources of national, state, and local social investors to make a difference in underserved markets around Virginia. Since its founding – growing and partnering with others along the way – it has turned this original investment into more than $1 billion in statewide impact.