VCDC IMPACT REPORT 2023: A Year of Success and Resilience

Each year, VCDC remains deeply committed to our mission of creating affordable homes in vibrant communities, acting as trusted partners in the community development industry. In 2023, we demonstrated resilience and focus, achieving remarkable success in supporting our valued partners and the communities they serve.

This past year marked not only our adaptability but also a time of forward-looking strategic planning. We made intentional investments in our staff, systems, and organizational culture to strengthen our capacity for future growth.

We extend our heartfelt gratitude to the local development partners, investors, Board members, and dedicated staff who made these accomplishments possible, even under challenging circumstances. Together, we delivered on our mission and laid the foundation for continued momentum into 2024 and beyond.

Explore more of the impact and stories behind our work below.

Stories Behind Our Work

  • The Tygart Hotel showcases the spirit and vibrance of West Virginia

    After 8 years of planning and development, the Tygart Hotel brings 56 boutique hotel rooms and 57 vital jobs to Elkins. 

  • 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.

  • Mission Elevation Success Stories: Judeo-Christian Outreach Center

    Learn about VCDC's Professional Development program through the lens of recent alum JCOC.

A Snapshot of Our Work

Our impact in 2023 spanned over 20 communities across Virginia

Six Affordable Housing Communities Joined Our Portfolio

2023 Financials at a Glance

Thank you to our partners for making 2023 one of our best years yet!