752 in loans and investments totaling $27.3 million in the district in 2022 For more impact data, check out the CDFI Advocacy App over at CDFI Friendly America.
Stories from the District
Business Incubation Center
Northern Virginia,
Virginia
Community Business Partnership
The CBP offers a variety of incubator options to help small businesses
Candeur Group Uses CDFI to Fund $6.5M Loan to Arlington, VA Property
Arlington,
Virginia
Community Development and Affordable Housing Fund
Candeur Group is pleased to announce its CDFI, Community Development and Affordable Housing Fund, closed a $6.5M loan for Park Shirlington, a 294-unit apartment complex in Arlington, Virginia. The 16-acre property is adjacent to the Village at Shirlington, a premier dining and entertainment destination in the Washington, DC I-395 Corridor.
Housing Alexandria, a nonprofit developer based in Northern Virginia, is dedicated to creating homes and community-focused spaces that empower the residents of Alexandria. With over 840 affordable homes delivered and 400 additional rental units currently planned for construction, the organization has significantly impacted the Alexandria region. As Housing Alexandria has grown, CEO Jon Frederick and COO Elisa Mondragon recognized the need for strategic guidance to tackle new, ambitious projects. To address this, they joined Cohort 6 of VCDC’s Mission Elevation program.
