Vern Henley Special Initiatives Grant Fund

Named after the President, Chairman and CEO of Consolidated Bank and Trust, the first minority-owned and operated bank in the United States, the Vern Henley Special Initiatives Grant Fund gives our partners and potential partners the opportunity to apply for up to $8,000 in funds to create programs and/or initiatives for those residing in affordable housing in our service area. From computer lab equipment to library supplies, career planning programs and playground equipment - this fund is dedicated to enhancing the quality for residents of affordable housing. 

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.

Ready to learn more or apply?

Start your journey here! Help us understand your project by filling out this form, which serves as the first step in exploring the opportunity with a VCDC representative.