Virginia Beach Community Development Corporation

The Virginia Beach Community Development Corporation (VBCDC) is a nonprofit organization based in Virginia Beach, Virginia. Established in 1985, VBCDC employs 29 individuals and generates an annual revenue of $5.3 million. Over its nearly 30-year history, VBCDC has become a significant force in providing affordable housing solutions within the city. VBCDC specializes in developing and managing quality affordable housing opportunities for low and moderate income families. Their portfolio includes properties with a total assessed value exceeding $41 million, making them one of the largest property owners in Virginia Beach. In addition to housing, VBCDC offers supportive services such as case management and direct financial assistance to individuals facing housing crises. VBCDC distinguishes itself through its commitment to creating safe, decent, and affordable communities. Their work has directly impacted over 6,200 individuals by providing them with stable housing, and they have extended support services to over 8,000 individuals experiencing housing challenges. For more information about VBCDC and their initiatives, you can visit their website at vbcdc.org.