Bureau-Financial Institutions

The Virginia Resources Authority (VRA) is a government agency based in Richmond, VA that provides financing and support for various projects in the state. Established in 1984, VRA offers loans to counties, cities, towns, and authorities at below-market rates or with credit enhancement. Their funding programs cover a wide range of areas, including clean water, drinking water, airports, dam safety, flood prevention, and community flood preparedness. VRA is committed to investing in Virginia's communities and has been nationally recognized for its innovative financing solutions. With a focus on community investments, VRA works closely with local governments to fund projects that contribute to the development and resilience of Virginia. They have a diverse portfolio of past and current projects, showcasing their commitment to building sustainable infrastructure and supporting economic growth. VRA's dedication to excellence is evident through their recognition by the Government Finance Officers Association for their financial reporting and their sponsorship of the Resilient Virginia Conference. As a trusted partner for affordable housing financing and strategic planning, VRA plays a vital role in shaping the future of Virginia's communities.Generated from the website

The Virginia Department of Housing and Community Development, also known as DHCD, serves several homeless individuals. The department invests in various housing and community development projects throughout Virginia. It administers the Virginia Individual Accounts Program, which offers savings options to working families. The Virginia Department of Housing and Community Development has partnerships with nonprofit organizations and the local, state and federal government agencies. The department serves the infrastructure, economic development and telecommunication needs of the community. It offers emergency home repair and low-income home energy assistance programs. The Virginia Department of Housing and Community Development trains and certifies inspectors for commercial and residential buildings and amusement devices and conducts more than 10,000 fire safety inspections annually. It operates the Office of Community Capacity Building, which offers organizational management and resource development services.

Rappahannock Economic Development Corporation (REDCO) in Fredericksburg, VA has been dedicated to supporting the growth and expansion of small businesses in Virginia since 1983. As a non-profit commercial lender certified by the Small Business Administration, REDCO specializes in providing affordable commercial real estate and long-term equipment financing through the SBA 504 Loan Program. With over 30 years of experience in SBA 504 lending, REDCO offers efficient and quick financing processes, working closely with businesses to ensure loan packages meet program guidelines and credit criteria. Their team collaborates with various lending institutions to help small businesses achieve their growth goals through low down payments and favorable 20-year fixed rates.Generated from the website