VCDC Awarded $19,900 for Capacity Building Planning from Virginia Housing

July 2024 — Virginia Housing recently awarded VCDC $19,900 through their FY24 Capacity Planning Grant to support succession management planning.

This grant award supports VCDC’s vision to build upon existing groundwork for needed succession planning and ensure our team is well prepared for shifts and growth within our organization as our CEO, Bob Newman, has announced his retirement set for April 2025. The grant will be instrumental in the success of our transition to a new President & CEO and also help us create sustainable frameworks for future leadership changes at VCDC.

Virginia Housing has been a trusted partner of VCDC for over 30 years and shares our mission to build up vibrant communities across VA. We have worked on 200+ affordable housing projects with them and greatly benefit from the many grant and capacity building services they offer to VCDC and our development partners.