Through a competitive process, the Federal Home Loan Bank of Atlanta has awarded Virginia Community Capital and its development partners $2,809,541 as part of the 2018 Affordable Housing Program Competitive Awards to enhance nine housing projects across Virginia.

Virginia Community Capital (VCC) is a Community Development Financial Institution with a mission to create jobs, energize places, and promote an enhanced quality of life for Virginians. The new investments will create 327 affordable rental units and over $55 million in real estate development activity. Eligible partners include both for- and non-profit entities, housing authorities, and mixed-use developments.