Blog/News
Recently, SERCAP’s certified CDFI (Community Development Financial Institution) Loan Fund approved a Community Development Loan for the Town of Hiltonia in Screven County, Georgia. SERCAP’s Community Development Loan product provides affordable financing to local government entities, nonprofit organizations, public and private water/wastewater facilities, Public Service Authorities (PSAs), Planning District Commissions (PDCs), and other community organizations in rural communities across the southeast United States, to support critical public infrastructure, community development, and economic development projects...
Recently, SERCAP’s Facilities Development Program awarded a Facilities Development Grant to the Davis Center Foundation in Accomack County, Virginia. SERCAP’s Facilities Development Program provides financial assistance to nonprofits, local government entities, public and private water/wastewater facilities, Public Service Authorities (PSAs), and Planning District Commissions (PDCs) in rural communities across the Commonwealth of Virginia, to support critical water/wastewater infrastructure and community development projects...
SERCAP’s Housing Department recently completed all construction for, and is preparing close-out, its Housing Rehabilitation Services for the long-term Community Development Block Grant (CDBG) Project in the Town of Dillwyn in Buckingham County, Virginia. Back in the Spring of 2018, SERCAP’s Housing Department was awarded the Rehabilitation Specialist Services Contract for the Town of Dillwyn Rehabilitation Project, a CDBG Construction Improvement Grant (CIG) project in Buckingham County...
Over the past 15 months, despite the challenges of the COVID-19 pandemic, SERCAP’s Housing Counseling Program has continued to provide quality one-on-one counseling and group education services to the community by adapting its service delivery model to embrace technology and utilize web-based workshop and training software...
Since 2012, SERCAP’s Certified CDFI (Community Development Financial Institution) Loan Fund has offered an Individual Household Septic Loan Product to low-to-moderate income (LMI) homeowners across the Commonwealth of Virginia, in order to repair or replace damaged and/or failing septic systems...
Currently, SERCAP’s Certified CDFI (Community Development Financial Institution) Loan Fund is assisting a low-income couple in Scott County, VA, to have a new well drilled at their home. The couple has been getting their water from a shared spring, however the spring cannot support the demand for water usage from every household to which it is currently connected. The couple realized that their best course of action would be to drill their own individual household well, but due to their low-income status, they would not be able to afford the cost of drilling a new well on their own, without causing serious financial hardship...
Currently, SERCAP’s Regional Department is assisting the Town of Haysi in Dickinson County, VA, through the provision of a Facilities Development Grant. The Town of Haysi is a small, low-income, rural town in far Southwest Virginia with a population of only 596 residents and a Median Household Income (MHI) of $13,859 per year. Due to its small population and low-income status, the Town receives its water service and some wastewater services from the Dickinson County Public Service Authority (DCPSA)...
This summer, SERCAP is preparing to launch its new SERCAP ELI Program across the Commonwealth of Virginia, in partnership with the Entrepreneurial Learning Initiative (ELI). The SERCAP ELI Program is an intensive development training program that provides participants with intensive coursework geared towards developing an Entrepreneurial Mindset...
Recently, SERCAP’s Housing Department assisted a low-income, elderly woman living in Rockbridge County, VA, to have a new septic system installed at her home. The client has lived in her home for over 50 years, but recently began experiencing difficulty with her septic system. As it turned out, her septic system had failed, and she was in need of having a new individual household septic system installed at her home...
SERCAP recently assisted the Town of Monterey, VA, by providing a small grant in the amount of $1,172.00 to the Town, from the agency’s Water Is Life! Fund. Just last month, April 2021, SERCAP’s Regional Department received a request from the Town of Monterey for assistance in relieving some of the negative financial impact to the Town’s water system from $4,148.82 in delinquent water bills from 11 customer accounts...