Vern Henley Special Initiatives Grant Fund

Named after the President, Chairman and CEO of Consolidated Bank and Trust, the first minority-owned and operated bank in the United States, the Vern Henley Special Initiatives Grant Fund gives our partners and potential partners the opportunity to apply for up to $8,000 in funds to create programs and/or initiatives for those residing in affordable housing in our service area. From computer lab equipment to library supplies, career planning programs and playground equipment - this fund is dedicated to enhancing the quality for residents of affordable housing. 

Examples of proposals that may be submitted for funding include, but are not limited to:

  • computer lab equipment

  • on-site library supplies, equipment or furnishings

  • career and/or budget planning assistance programs

  • on-site summer camp and/or after-school programs

  • other educational programs

  • transportation services

  • playground equipment

  • other recreational or fitness-related enhancements

Eligibility and Submission Guidelines

  • Eligible recipients include nonprofit and public partners with which VCDC has a current or potential partnership.

  • Requests should not exceed $8,000.

  • Preference may be given to existing partners and/or to fund projects or programs that VCDC has not previously funded.

  • Grant funds may not be used toward a property’s general operating expenses and may not be used to cover an operating deficit.

  • Applications accepted on a rolling basis until funding for the calendar year is exhausted.

→ Applications for 2023 are now closed.