VI VIRGINI INIA A COM OMMU MUNIT NITY Y CAPIT PITAL AL Vi - - PowerPoint PPT Presentation

VI VIRGINI INIA A COM OMMU MUNIT NITY Y CAPIT PITAL AL Vi Virginia inia Fi First st Cities ies 11/19 /19/19 /19 Le Leah Fr Fremo mouw uw and Jose seph ph Barnes rnes

VCC is a Community Development Financial Institution (CDFI)

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*VCC Bank is a subsidiary of Virginia Community Capital (also a CDFI)

• Certified by the US Treasury Department as a CDFI
• Primary mission of promoting community development
• Target market: low-moderate income people/communities in Virginia
• Provide financing and development services directly and through VCC

Bank

Our Business: Corporate Structure

VIRGINIA FOCUS NATIONAL FOCUS LOCUS Capital

(Registered Investment Advisor)

VCC Bank (CDFI)

• Loans & Deposit

Services

• Common Stock

Investment Opportunity

• Source, Structure, U/W,

Service, Monitor, Report for Direct Investments

(Assets of Other Organizations)

LOCUS Impact Investing

(Non-profit )

Consulting

• Community Economic

Development

• Community (ED)

Philanthropy

• Community Investing

LOCUS Foundation

• CD Grants, Source,

Structure, U/W, Service, Monitor, Report for Direct Investments

(Charitable assets gifted to LOCUS Foundation)

Virgi ginia nia Community munity Capit ital al

Non Non-profi

• fit Fi

Financia ial l Ho Holdi ding g Co Company CDF CDFI Loan Loan Fun Fund

VCC’S History

2006 2006 2008 2008 2017 2017

Former Governor Mark Warner privatized $15M in state loan funds to seed VCC VCC Bank opened as a state-chartered, Federal Reserve, FDIC insured member-bank VCC acquired the Center for Rural Entrepreneurship and together created LOCUS Impact Investing

Social Impact as of 09/30/2019

5

890

TOTAL PROJECTS FINANCED

7,913

JOBS CREATED & RETAINED

9,121

HOUSING UNITS FINANCED

28,746

TOTAL ADVISORY SERVICE HOURS

22

TOTAL LOANS ADDRESSING FOOD ACCESS

19

TOTAL LOANS ADDRESSING HEALTH CARE

13,717

MWh OF CLEAN ENERGY PRODUCED $59m $52m $75m $62m $45m $179m $112m

$13m 3m

$627 $627

MILLION

in loan originations Since 2006

$198m

$1.7 BILLION

IN TOTAL IMPACT

Consolidated Financial Overview *thro

rough ugh September 30, 2019

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$13.7

MILLION

Total net income over 14 years*

13YEARS

*

PROFITABLE

102%

GROWTH

In equity since inception

$399

$- $100 $200 $300 $400 $500 2012 2013 2014 2015 2016 2017 2018 2019

Assets Under Management, in Millions

$- $50 $100 $150 $200 $250 2013 2014 2015 2016 2017 2018 2019

Loans Outstanding, in Millions

Products and Services (VCC and VCC Bank)

• Real Estate
• Affordable Housing
• Small Business
• Healthy Food
• Clean Energy

Lending

• Deposits
• Grants
• Stock
• Program Related

Investments

Investing

• Collaborative

Leadership

• Business

Development

• Technical Services

Advisory Services

• Low Income Housing Tax Credit Bridge Loans
• Historic Preservation/Historic Tax Credits Bridge Loans
• Construction Loans
• Mini-perm Real Estate Loans
• Multi-Use Development
• Acquisition and Refinance
• Commercial Real Estate

Real Estate Lending

Small Business Lending

• Business acquisition
• Debt refinancing
• Equipment financing
• Owner-occupied real estate
• Working capital lines of credit
• SBA 7(a), SBA Express, SBA 504
• Solar Loans
• USDA Loans

Housing Catalyst Loan Fund

In 52 of Virginia ia's s counti ties and cities, s, housi sing ng costs ts are unaffo fordab able to to over ver 30% of famili lies. s.

Source: 2011-2015 American Community Survey

Virginia Fresh Food Loan Fund

• 1.7 Million Virginians live in

communities with limited supermarket access

• 480,000 of these individuals are

children

Advisory Services PARTNERSHIP INNOVATION EXPERTISE

CONFIDENTIAL - NO FURTHER DISTRIBUTION

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Local Solutions:

LEVERA ERAGING ING CAPITAL AL OPPORTUNI TUNITY Y ZONE STRATEGY TEGY

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