Costa Canavos joins lending team at Christiansburg-based Virginia Community Capital
Costa Canavos has joined Virginia Community Capital, which is based in Christiansburg, as a senior lending officer, according to President and CEO Jane Henderson.
“I am pleased to announce the selection of Costa Canavos as our newest lending talent in the VCC Richmond office,” Henderson said. “Costa brings a solid understanding of community economic development and an appreciation for how real estate revitalization promotes healthy communities.”
An experienced community development lending professional, Canavos had been working for the Virginia Housing Development Authority since 2005, overseeing the mixed-use/mixed-income financing program. In June, he was recognized among the “Best 40 Under 40” community development professionals by the Virginia Housing Coalition. Before joining VHDA, Canavos was a commercial planner for Henrico County, overseeing an enterprise zone and managing the Community Development Block Grant allocations there.
Canavos holds a master’s degree in public administration from Virginia Tech and earned his bachelor’s degree at George Mason University. He lives in the Richmond area with his wife, Melissa, and two children.
Virginia Community Capital is dedicated to the prospect of building wealth for all through our lending, savings, and advisory services. As a community development financial institution, our mission is to offer innovative, flexible financial products designed to support housing and community development ventures, increase jobs, and encourage sustainable communities. In partnership with our for-profit bank, Community Capital Bank of Virginia, the nonprofit VCC offers loan capital broader and more flexible than bank lending in low- to moderate-income communities in underserved geographies and markets.
– Submitted by Virginia Community Capital
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