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CDFI Profile

Virginia Stories

25 years with Stonebriar Apartments
Stonebriar was developed in the 1990’s, but its original building was constructed in 1909 as the “Blue Sulphur Hotel.” The hotel was passed down to multiple different owners over the years and became the St. Paul Hotel in 1955 after it received a stylish refurbishing. In 1996, Wise County Redevelopment and Housing Authority (WCRHA) redeveloped the St. Paul Hotel into Stonebriar Apartments to serve senior citizens and promote downtown revitalization.
A face for the community: “The Listener” beautifies downtown Newport News
The extensive history of the Warwick Hotel building has reached another impressive milestone — one involving a new face for change and a better tomorrow.
BayPort Credit Union: Newport News Shipbuilding Partnership
Newport News Shipbuilding has for more than 135 years built ships that have served the nation in peace and war, in times of adversity and in times of abundance.
Bernard has achieved stability and is on the path to success
In September 2016 when Bernard Mills was released from prison, he headed for Culpeper, Virginia to be near family, but soon found himself homeless and unemployed. Through the homeless community, Bernard learned about Workforce personnel, who introduced him to People Incorporated, where he secured employment through ex-offender services. While he stayed at the Culpeper Winter...
Birthplace of Country Music
In 1927, when New York music producer Ralph Peer came to Bristol to record local talent, few could have suspected the impact his discoveries would have on the world of country music. Johnny Cash called the 1927 Bristol Sessions, where first recordings were made of The Carter Family and Jimmie Rodgers, “the most important event in the history of country music.” In 1988, the US Congress officially designated Bristol as “the birthplace of country music.”
Building Community from the Ground Up: Charlottesville’s Southwood Redevelopment
In the outskirts of Charlottesville, a revolutionary housing development is reshaping the lives of hundreds of families. Southwood, a former mobile home park now undergoing an innovative redevelopment by Habitat for Humanity of Greater Charlottesville, exemplifies how community-driven efforts can break the cycle of housing insecurity while preserving the spirit of a neighborhood.
Business Incubation Center
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
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.
Center In The Square
Since its inception in 1983, Center in the Square has been the major catalyst for development and renewal in downtown Roanoke, VA. Once a feed and seed warehouse, the restored 7-story cultural and educational facility now houses four museums and a theater: the Harrison Museum of African American Culture, History Museum of Western Roanoke, Roanoke Pinball Museum, the Science Museum of Western VA, and the Mill Mountain Theater.
Claremont School Apartments brings affordable family homes to Pulaski, VA
VCDC is excited to welcome Claremont School Apartments to our portfolio, a project that repurposes an old elementary school in Pulaski, VA into 50 affordable apartment homes designed for low-income families earning 30-60% of the Area Median Income. This innovative redevelopment supports Pulaski County's efforts to expand affordable housing options, meeting the needs of a growing population and the region's increasing economic opportunities.
Community Revitalization in Richmond’s East End
The East End of Richmond, Virginia, is undergoing significant transformation thanks in part to funding from the Emergency Capital Investment Program, which has been allocated to help redevelop housing at Creighton Court. Originally built in 1952, Creighton Court is home to approximately 1,300 residents, half of whom are children, and has long faced challenges associated with high levels of poverty.
Community-minded Gallery Turns Challenges into Opportunities
Set within the colorful exuberance of the Arts and Culture District in Richmond, Virginia, 1708 Gallery sits in between busy restaurants, hotels, and museums. While the sounds of the newest exhibit resonate throughout the long and lofty space, plans within the office are unfolding for a bold new project.

CDFI Branches in the State

Appalachian Community Capital Corporation
Arlington Community Federal Credit Union
Arlington Community Federal Credit Union
Arlington Community Federal Credit Union
Arlington Community Federal Credit Union
Bayport Credit Union
Bayport Credit Union
Bayport Credit Union
Bayport Credit Union
Bayport Credit Union
Bayport Credit Union
Bayport Credit Union
Bayport Credit Union
Bayport Credit Union
Bayport Credit Union
Business Seed Capital
Community Business Partnership
Community Investment Collaborative
Democracy FCU
Democracy FCU
DuPont Community Credit Union
DuPont Community Credit Union
DuPont Community Credit Union
DuPont Community Credit Union
DuPont Community Credit Union
DuPont Community Credit Union
DuPont Community Credit Union
DuPont Community Credit Union
DuPont Community Credit Union
DuPont Community Credit Union
DuPont Community Credit Union
DuPont Community Credit Union
DuPont Community Credit Union
DuPont Community Credit Union
DuPont Community Credit Union
ECDC Enterprise Development Group
VA-Capital-Impact