Working with its state agency partners, stakeholders, and local governments, the Virginia Resources Authority provides cost-effective, responsible, and innovative financial solutions for borrowers to support vibrant and resilient communities. Created by the General Assembly in 1984, VRA supports community investments in the following areas:

Since its inception, VRA has funded more than 2,600 critical projects across the Commonwealth exceeding $11 billion of investment in Virginia’s communities. Financing solutions draw on VRA’s creativity and unique ability to provide revolving fund loans to localities at below-market interest rates and to issue bonds backed by the moral obligation of the Commonwealth. The VRA staff offers extensive experience and expertise in a variety of financings and provides ongoing assistance to localities in connection with their public projects.

This ability to maximize value for local communities with cost-effective and innovative financing options has made VRA the choice provider of infrastructure financing for Virginia communities.