VCC Bank Sustainability Profile

Virginia Community Capital (VCC) was established in 2006 as a Community Development Financial Institution (CDFI) with the aim of supporting community development projects that create jobs and build sustainable communities. With an initial investment of $15 million under Governor Mark R. Warner, VCC has been crucial in providing flexible financing and advisory services, mainly focusing on affordable housing, small business funding, mixed-use development, community facilities, solar energy financing, and commercial real estate. Over the years, VCC has transformed the initial investment into over $1.2 billion of impact across Virginia, primarily benefiting underserved markets and low- to moderate-income individuals.