VHCDC

Our Goal: $1,000,000

Current Total:

$386,775

What's New

Certified CDE (VHCDC) Seeks Investment Capital

Date Published: Jun 24, 2020
Virginia Housing and Community Development Corporation (VHCDC), a U.S. Treasury certified nonprofit Community Development Entity (CDE), is seeking equity investors for up to $1.5 million to scale their investment model of acquiring, renovating, leasing and selling single-family homes to disabled/homeless veterans, ex-offenders, and low- and moderate-income individuals and families. VHCDC, through its limited partnership VHCDC Community Investment Partners, LP, will use the funds as follows:

  • Build an inventory of affordable housing to secure homeownership & leasing options through targeted investment in distressed communities.

  • Continue an investment model that successfully rewards investors and encourages additional and sustained investment in Hampton Roads housing revitalization.

  • Create long-term construction contracting and venture capital opportunities for minority-led small businesses.

  • Deliver attractive annual returns for local, community-minded investors.
The community development mission of Virginia Housing and Community Development Corporation is to educate and empower individuals, families and minority business owners to build wealth, access capital and credit, and achieve home ownership. VHCDC Community Investment Partners, L.P. empowers Virginia residents and business owners to become investors in their own communities, while reaping financial and social rewards. Long term, the partnership empowers local investors to serve local neighborhood development needs.  For more information and details visit www.VHCDC.org/Invest.