Who We Are

Hampton Roads Ventures is a community development investment firm. We partner with for-profit businesses, governmental agencies and non-profit agencies to attract private capital to severely distressed neighborhoods. Staffed by experienced community economic development professionals, Hampton Roads Ventures is extremely sensitive to the unique opportunities, challenges and constraints these underserved communities face.

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Hampton Roads Ventures Receives $45M for Real Estate Investments in Challenged Communities

Hampton Roads Ventures, LLC (HRV) will receive  an allocation of $45 million in New Markets Tax Credits (NMTC) authority from the U.S. Treasury Community Development Financial Institutions Fund (CDFI Fund). HRV was one of 85 organizations, out of 282 applicants nationwide, that was awarded a portion of the total $3.5 billion in NMTC allocations, as part of the Tax Relief, Unemployment Insurance Authorization and Job Creation Act of 2012.

 

In this highly competitive allocation process, HRV received the highest award in Virginia and was chosen over larger entities in New York, San Francisco, Phoenix, Dallas and other major cities. read more

East St. Louis Mixed-Use Facility

Hilton Garden Inn

HRV is proud to announce that it has been recognized by the Novogradac Community Development Foundation (NCDF) for its vision and outstanding contributions in the field of community development. Jazz @ Walter Circle was named as an Honorable Mention in the Metro QLICI of the Year category and serves as a sterling example of how community prosperity can be achieved and strengthened through the New Markets Tax Credit program.

Adaptive reuse and renovation of the long, vacant and boarded Miller & Rhoads department store into a 250-room Hilton Garden Inn with 24,000 sq. ft. of retail space and 133 residential condominium units targeted to first-time home buyers.

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NMTC Tweets

Hampton Roads Ventures, LLC

201 Granby Street, Suite 409

Norfolk, Virginia 23510

email: jdonohue@hamptonroadsventures.com

phone 757-314-1497

fax 757-314-4263