Locus Impact Fund

Locus Impact Fund, operating as VCC and headquartered in Richmond, Virginia, is a tax-exempt nonprofit Community Development Financial Institution (CDFI) that has established itself as a significant recipient of federal grant funding. The organization serves as a prime grantee for multiple federal agencies and has maintained active SAM.gov registration since January 2006. Through its federal grant awards, Locus Impact Fund provides comprehensive financial and development services designed to expand economic opportunity and community development in underserved regions, particularly in the Mid-Atlantic and Southeast United States.

Locus Impact Fund's federal grant portfolio demonstrates extensive experience administering diverse community development and agricultural programs. The organization has received substantial support from the Department of Treasury's Community Development Financial Institutions Fund, including base financial assistance awards, the Capital Magnet Fund ($3.75 million in 2021), the CDFI Rapid Response Program ($1.826 million, 2021-2023), and the Healthy Food Financing Initiative, all designed to build lending capacity and expand access to affordable financial products and services for low-income and rural communities. Additionally, the U.S. Department of Agriculture's Agricultural Marketing Service has awarded Locus Impact Fund significant cooperative agreements, including a current $325,000 award to lead the Mid-Atlantic Coordinated Capital Coalition pilot initiative (2025-2027) and a Southeast USDA Regional Food Business Center cooperative agreement (2024-2029) focused on developing regional food supply chains. The organization also received COVID-19 pandemic response funding through the CDFI Economic Recovery Program to support businesses and communities impacted by the pandemic. Beyond its prime awards, Locus Impact Fund serves as a subgrantee under George Mason University on multiple Small Business Development Center projects (2021-2025), providing counseling services, training events, and professional development support to small business clients across Virginia. These diverse funding streams reflect Locus Impact Fund's role in mobilizing capital for underserved markets, scaling regional supply chains, and building organizational capacity across rural and urban low-income communities.