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Virginia Community Development Fund
1840 West Broad Street, Suite 200Richmond VA, 23220-2151
CDFI Awards for Virginia Community Development Fund
NMTC (2009) - $35,000,000
The Virginia Community Development Fund (VCDF) will use its NMTC allocation to finance real estate projects in qualified, Low-Income Communities. VCDF currently partners with many community-based organizations in providing debt, equity, and technical assistance in support of creating or rehabilitating housing and historic projects in Virginia. VCDF provides pre-development and construction loans that focus on the development of mixed-use real estate transactions that complement the existing development efforts of its community-based sponsors. VCDF will continue to facilitate the rehabilitation of historic, downtown structures that offer a mix of commercial and residential uses.
SECA (2001) - $184,000
The profile for this award is not currently available.
SECA (1998) - $49,960
The Fund"s $49,960 Technical Assistance grant will pay for board development and training, a market analysis to determine VCDF"s target markets" most pressing credit needs, and the subsequent development of priority loan products.
Other Community Development Financial Institutions in Virginia
123 New Market Investors, LLC
Great Falls
Business Seed Capital, Inc.
Roanoke
ECDC Enterprise Development Group
Arlington
Hampton Roads Ventures, LLC
Norfolk
Lynchburg Community Loan Fund
Lynchburg
Minerva Seed Fund
Fairfax City
NCB Capital Impact
Arlington
New Enterprises Fund, Inc.
Christiansburg
Piedmont Housing Alliance
Charlottesville
Southside Development Enterprises, LLC
Portsmouth
Featured Government Grant Resources
Small Business Administration's Portable Assistance Program
The Small Business Administration has established the Portable Assistance Program wherein they seek to provide grants to Small Business Development Lead Centers that provide services to small businesses in an effort to increase the success of small business establishments and their viability in certain communities where economic hardship is apparent and is attributable to the impact of a major disaster.
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