Community and Economic Development Financial Resources Workshop

701 Goode Street,Bristol VA 24201

01 April, 2022

Description

Overview of financial resources available for community and economic development. Join this two-hour workshop and discussion about what financial resources are available to help businesses, project sponsors, and developers succeed. Topics include capital stacking (grants vs debt vs equity), DHCD funding opportunities, financial resources for IDAs and EDAs, revolving loan funds, and Opportunity Zone capital. There are two in-person sessions available in Bristol and Rocky Mount, VA. This workshop will be educational and help facilitate interaction among various stakeholders, including realtors, developers, bankers, attorneys, economic and community developers, and industrial development authorities. Topics to include: Capital Stacking Grants vs Debt vs Equity Overview of DHCD Funding OpportunitiesEconomic and Community Development Financial Resources Summary Revolving Loan FundsLeveraging Equity - Opportunity Zone CapitalWho will this workshop benefit? Community and Economic Developers, Realtors, Developers, Bankers, CPAs, Attorneys, Small and Large Businesses, Investors, Industrial Development Authority members, and Economic Development Authority members. Speakers: Cara Simpson, Market Manager, Opportunity Virginia| Virginia Community CapitalBillie Roberts, Community Innovation Advisor | Virginia Community CapitalGuest Speaker: Christina Cain, Microfinance Program Manager, Community Revitalization Office, Virginia Department of Housing and Community Development (Programs include: Community Business Launch, Virginia Individual Account Program, and the Virginia Small Business Resiliency Fund.)