Vern Henley Special Initiatives Grant Fund
VCDC is deeply committed to ensuring everyone in our region has access to quality affordable homes as well as services, programs and amenities that enhance their wealth building, wellness and quality of life. The Vern Henley Special Initiative Grant gives VCDC partners and potential partners the ability to apply for grants to be used for special initiatives and programs for those residing in affordable housing in our service area.
Examples of proposals that may be submitted for funding include, but are not limited to:
computer lab equipment
on-site library supplies, equipment or furnishings
career and/or budget planning assistance programs
on-site summer camp and/or after-school programs
other educational programs
transportation services
playground equipment
other recreational or fitness-related enhancements
Eligibility and Submission Guidelines
Eligible recipients include nonprofit and public partners with which VCDC has a current or potential partnership.
Requests should not exceed $8,000.
Preference may be given to existing partners and/or to fund projects or programs that VCDC has not previously funded.
Grant funds may not be used toward a property’s general operating expenses and may not be used to cover an operating deficit.
Applications accepted on a rolling basis until funding for the calendar year is exhausted.
→ Applications for 2024 are now open. Applications accepted on a rolling basis until funding for the calendar year is exhausted or November 30th.
The Vern Henley Special Initiatives Grant Fund is named in memory of former VCDC Board Member, Vernard “Vern” Henley who served our organization for over 20 years. Henley was Chairman, President and Chief Executive Officer of the first minority-owned and operated bank in the United States, Consolidated Bank and Trust and past member of the Board of Commissioners of Virginia Housing Development Authority. He lived a life dedicated to service and remained an active leader in the Richmond metropolitan area until his death in 2014.
For more information, please contact us.
