Virginia Community Development Fund receives 2023 Community Impact grant from the Community Foundation for a greater Richmond to support its Technical Assistance Program

Contact: Laura Dupuy, VCDF ldupuy@vacdc.org

Richmond, VA, June 13, 2023 – VCDC’s lending affiliate, Virginia Community Development Fund (VCDF) announced today that it received a $25,000 grant from the Community Foundation for a greater Richmond to expand its Technical Assistance (TA) Program. The TA Program offers a range of technical support, consultant services, educational resources, and professional development opportunities to meet the unique individual needs of VCDF partners, empowering them to strengthen their organizations, enhance their understanding of development processes, and build capacity to play a leading role in developing sustainable, vibrant communities.

“We are excited to receive a 2023 Community Impact grant and grateful to establish this partnership with the Community Foundation for a greater Richmond. We look forward to working together to support partners in affordable housing and community development that are strong, successful, and have enduring benefit to the community,” said VCDF Loan Fund Director, Laura Dupuy.

About VCDF

The Virginia Community Development Fund (VCDF) was founded by VCDC in 1996 and is a certified community development financial institution (CDFI) and community development entity (CDE) providing alternative financing and technical assistance to real estate developers engaged in the creation or preservation of affordable housing, community development, and economic development projects in VA and WV. VCDF works to build stronger, healthier, more equitable communities through tailored resources and reliable, flexible lending products that bridge mainstream finance and community development. VCDF’s work is driven by the belief that accessible financial tools are necessary to create opportunities and support sustainable change.

About the Community Foundation for a greater Richmond

The Community Foundation for a greater Richmond (Community Foundation) is a leading Virginia philanthropist with a vision to create a vibrant Richmond region where all individuals and families can thrive. Founded in 1968, the Community Foundation has built a strong legacy of helping people and institutions give back with passion and purpose. The Community Foundation guides philanthropic efforts by strengthening nonprofit capacity through grants and training, partnering with donors and volunteers in the region, and promoting a culture of locally-focused service and giving.

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