Virginia Community Development Fund Stories and Data

Virginia Community Development Fund Stories

Better Housing Coalition – (projected)
Supporting the construction of 20 homes as part of Highland Grove project.
Owl Spoon Water Kefir
A loan via Bridging Virginia allowed Owl Spoon to scale from home‑scale batches to 250‑gallon production capacity.
Marie’s Hair & Nail Supply
Bridging Virginia loans helped expand Marie’s beauty supply store, doubling inventory and supporting micro‑entrepreneur vendors.
Edgewood Outfitters
Capital from Bridging Virginia helped start a size-inclusive boutique supporting women in Newport News

Map of Virginia Community Development Fund CDFI Branches and Stories

Thank you to our partners at Inclusive and CDBA for sharing data on CDFI Bank and CDFI Credit Union branch locations. In addition, about 100 of our CDFI Stories come from OFN’s story database.

Virginia Community Development Fund Investment Map

CDFI Investment Map

Mapped CDFI investment data (2005-2023), via the CDFI Coalition's partnership with CDFI Friendly America.

CDFI Advocacy App

Want more state data? Check out CDFI Friendly America's mobile-friendly CDFI Advocacy App for impacts from 2005-2023.

Virginia Community Development Fund Fact Sheet

Testimonials

CDFIs are an important part of the economic system and help deploy money to underserved communities, bringing needed resources such as affordable housing, health care, quality education, etc.

Emily Andrews, Momentus Capital, Arlington, VA

I’m a contract CFO for multiple smaller CDFIs around the US who are supporting those in our communities that are starting small businesses, trying to get financing to buy a vehicle to get to a job or earn a living in the gig economy, and small developers bringing affordable housing onto the market. No one else is making this financing available. I work to see thriving communities here in the US that make our local economies vibrant and healthy. The CDFI Fund makes that possible.

Marianne Vermeer, Vermeer Consulting Group LLC, Ashland, VA