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VCDC IMPACT REPORT 2024: NEW VIEWS, NEW PERSPECTIVES, AND MEASUREABLE PROGRESS
In 2024, Guided by our Strategic Framework, VCDC has taken bold action to grow, adapt, and prepare for lasting success.
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.
Portfolio: We strengthened our financial stability with asset sales, property improvements, and a new investor portal.
Tax Credits & Lending: We expanded revenue streams and market reach through new financial models and lending solutions.
Partner Support: We have boosted funding, industry leadership, and partner engagement through new tools and strategies.
Governance: We enhanced governance, board engagement, and operational resilience for leadership transition.
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 2025 and beyond.
Explore more of the impact and stories behind our work below.
Stories Behind Our Work
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Mission Elevation Success Stories: Housing Alexandria
Learn about Housing Alexandria’s experience with VCDC’s professional development program, Mission Elevation.
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VCDC Hosts 30th Anniversary NASLEF Conference in Charlottesville, VA
After months of planning and anticipation, VCDC proudly hosted the annual NASLEF (National Association of State & Local Equity Funds) Conference in Charlottesville, VA from September 18-20th.
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Rupert School: Community-led Revitalization in West Virginia
VCDC welcomes Rupert School to our portfolio, an affordable housing community in Rupert, WV transforming an old elementary school building into 20 apartment homes for low-income seniors.
A Snapshot of Our Work
Our impact in 2024 spanned over 13 communities across Virginia
Six Affordable Housing Communities Joined Our Portfolio