Community and Economic Development
We link entrepreneurs, individuals, and families to financial services, affordable housing and transportation to develop a more prosperous, sustainable and viable economy throughout Southwest Virginia.
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Community and
Economic Development Programs
Offers financial assistance microenterprise loans, business training and technical services to help start or expand businesses, which in turn, creates jobs.
Loans with an affordable interest rate of Prime + 5% are offered to individuals for up to 36 months to provide assistance with many household expenses, car purchases and bill consolidation.
Individual Development Accounts facilitate a pattern of regular savings for modest income working families using matching funds. Clients build assets and long-term economic security.
This revolving loan fund assists businesses and nonprofits in the ninth congressional district, particularly with projects that enhance tourism and expand economic development.
Low-income individuals who meet eligibility requirements have the opportunity to secure car loans. Mobility plays a vital role in securing and retaining employment.
