VCDC

VCDC

投资管理

Richmond,VA 732 位关注者

Vibrant Communities Drive Change

关于我们

As a Virginia-based, 501(c)(3) nonprofit corporation, VCDC is able to bring statewide resources to local community housing needs, play a leadership role in the development of statewide housing policy, and provide expertise required for the development of affordable housing and access to Low-Income Housing Tax Credits (LIHTC), Historic Rehabilitation Tax Credits and New Markets Tax Credits. VCDC is Virginia’s largest nonprofit investor in LIHTC properties. Special services include early training and technical support to help “grow” community-based affordable housing developers. All projects funded by VCDC have financial strength based on adequate capital reserves for each project, as well as at the fund level, and within the parent corporation. Reserves are set aside to assist properties and project sponsors and to safeguard fund investments. To date, VCDC has raised over $450 Million in capital which has been invested in a portfolio of 21 funds comprised of 178 projects of approximately 6,800 housing units.

网站
https://vibrantcommunities.us
所属行业
投资管理
规模
11-50 人
总部
Richmond,VA
类型
非营利机构
创立
1989
领域
Low Income Housing Tax Credits、New Markets Tax Credits、Historic Tax Credits、Affordable Housing和Community Development

地点

VCDC员工

动态

  • VCDC转发了

    查看Bob Newman的档案,图片

    President and CEO at Virginia Community Development Corporation

    I just wanted to share this notice with all of my LinkedIn contacts. I have truly loved my 43 year career in affordable housing and community development, especially my 11+ years with VCDC. Retirement will be a big transition for me, but I am happy to note that VCDC is very well positioned for a bright future after this upcoming leadership transition next spring.

    查看VCDC的公司主页,图片

    732 位关注者

    As we look ahead to 2025, our organization is preparing for a significant transition. After a notable career dedicated to advancing affordable housing, our CEO, Robert Newman, has announced his retirement, set for April 2025. While we will deeply miss Bob's leadership and vision, this is also a time to celebrate his incredible legacy and begin the process of selecting a new leader to carry forward our mission. Congrats, Bob, for an incredible career in affordable housing and a remarkable 11 years with VCDC! Under his leadership, our organization has built a strong, resilient team of dedicated professionals, helping to create or preserve 5300+ affordable homes in our service area. While we are sad to see Bob step down, we are confident in the future of our organization. Stay tuned for more updates on our CEO search, upcoming events, and how we plan to honor Bob’s career. We are incredibly grateful for his years of service and look forward to celebrating him with all of you! Read more about Bob's legacy of leadership at VCDC in the announcement on our website, here: https://lnkd.in/eSiDwNyZ

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  • 查看VCDC的公司主页,图片

    732 位关注者

    As we look ahead to 2025, our organization is preparing for a significant transition. After a notable career dedicated to advancing affordable housing, our CEO, Robert Newman, has announced his retirement, set for April 2025. While we will deeply miss Bob's leadership and vision, this is also a time to celebrate his incredible legacy and begin the process of selecting a new leader to carry forward our mission. Congrats, Bob, for an incredible career in affordable housing and a remarkable 11 years with VCDC! Under his leadership, our organization has built a strong, resilient team of dedicated professionals, helping to create or preserve 5300+ affordable homes in our service area. While we are sad to see Bob step down, we are confident in the future of our organization. Stay tuned for more updates on our CEO search, upcoming events, and how we plan to honor Bob’s career. We are incredibly grateful for his years of service and look forward to celebrating him with all of you! Read more about Bob's legacy of leadership at VCDC in the announcement on our website, here: https://lnkd.in/eSiDwNyZ

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  • 查看VCDC的公司主页,图片

    732 位关注者

    Last week, our team members Alicia, Raven, Elijah, Russ and Molly volunteered with the Richmond SPCA to help with clean up tasks and play with some adorable pups and kitties! The Richmond SPCA is a nonprofit, no-kill shelter committed to saving and protecting animal lives. Looking for a new furry friend to bring a permanent home to? Visit Richmond SPCA's humane center and meet some of the many dogs/cats/small animals currently available for adoption! If you are interested in donating to or volunteering with Richmond SPCA, visit their website here: https://lnkd.in/esY73nFD

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      +3
  • 查看VCDC的公司主页,图片

    732 位关注者

    VCDC is excited to host our annual partner's reception following the Housing Credit Conference this year! Join us on October 15th from 6:30-8:30pm at Gather & Hem, just a short walk from the Richmond Marriott Hotel. Please RSVP by Tuesday, October 8th here: https://lnkd.in/eXfwGd9j We can't wait to see you there!

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  • 查看VCDC的公司主页,图片

    732 位关注者

    After months of planning and anticipation, VCDC proudly hosted the annual National Association of State and Local Equity Funds (NASLEF) Conference in #Charlottesville, VA last week ?????? NASLEF is a nonprofit association that brings together equity fund organizations committed to advancing community development. Its mission is to foster a deeper understanding of tax credit and financing programs, advocate for community development resources, and support the professional growth of its member organizations—all in service of the communities we represent. Hosting NASLEF members in Charlottesville was a meaningful experience for us, given our longstanding history in resident-centered development within the city. The conference provided an opportunity for our NASLEF colleagues to witness firsthand several thriving affordable housing communities in the area. Our team members, including Bob Newman, Chris Sterling, Jeff Meyer and Steve Bleile, helped lead walking and bus tours of key properties in our portfolio. We also organized a tour of Charlottesville's Downtown Mall, a staple of the city that showcases its small businesses and local flare. We were also proud to have McKenson Smart, Raven Bates, and Alicia Peel represent VCDC in NASLEF’s Emerging Leaders Group, a collective of innovators focused on leadership strategies in our industry. A special congratulations to Raven, who co-chairs the ELP Program and was honored with the NASLEF Emerging Leader of the Year Award! A huge thank you to Tammy Neale, CEO of Virginia Housing, who delivered a keynote presentation; to Samual Sanders, City Manager of Charlottesville, who delivered the welcoming speech; and to VCDC staff members Laura Dupuy, Steve Bleile and Raven Bates, who presented in conference sessions. We extend our gratitude to our NASLEF colleagues for joining us in Charlottesville this year. Your partnership is invaluable, and we look forward to reconnecting at next year’s conference! Read more about our NASLEF experience and the local partners and communities who made this conference possible below: https://lnkd.in/eYTZpzDG #localpresencenationalimpact

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      +3
  • 查看VCDC的公司主页,图片

    732 位关注者

    VCDC is excited to announce that we recently received Approved Mortgage Broker Status permitting our organization to represent developers seeking loan products from Virginia Housing in their multi-family rental programs! This will enable our team to extend its role in affordable housing development beyond tax credit services into the lending field with utilization of the wonderful lending opportunities available at Virginia Housing. Is your organization seeking loan products available at Virginia Housing for affordable rental housing developments? For more information or questions about how we can assist, please contact our Director of Project Development, Steve Bleile, at [email protected]. Read more on our website here: https://lnkd.in/eurbkESX

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