CDFI Award Announcement

We are excited to announce that VCDC’s lending affiliate, VCDF, has received an award of $450,000 from the Community Development Financial Institutions Fund (CDFI Fund) to launch a new loan product designed to attract developers to rural areas of Virginia and West Virginia.

With this award, VCDF extends its capacity to deliver economic development resources to support growth and stability in these communities.

The CDFI Program invests in and builds the capacity of CDFIs to serve low-income people and communities lacking adequate access to affordable financial products and services.