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VCC Bank Sustainability Profile
Sustainability Summary
This is an unclaimed profile. VCC Bank has not joined Sustainability Tracker to verify their sustainability credentials. We gathered what we could from public sources.
Powered by Tracker AI BETA; there may be errors
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Certified B Corporation
Virginia Community Capital (VCC) was established in 2006 as a Community Development Financial Institution (CDFI) with the aim of supporting community development projects that create jobs and build sustainable communities. With an initial investment of $15 million under Governor Mark R. Warner, VCC has been crucial in providing flexible financing and advisory services, mainly focusing on affordable housing, small business funding, mixed-use development, community facilities, solar energy financing, and commercial real estate. Over the years, VCC has transformed the initial investment into over $1.2 billion of impact across Virginia, primarily benefiting underserved markets and low- to moderate-income individuals.
VCC Bank offers sustainable finance solutions focusing on affordable housing, small business funding, and solar energy projects. By providing flexible financing and advisory services, VCC Bank aids in the development of sustainable, thriving communities, primarily assisting underserved markets and enhancing economic opportunities for low- to moderate-income individuals.
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Certified B Corporations achieve a minimum verified score on the B Impact Assessment—a rigorous assessment of a company’s impact on its workers, customers, community, and environment.