Created by the Virginia General Assembly in 1984, the Virginia Resources Authority (VRA) is an independent state authority that serves as a key financing partner for localities across the Commonwealth. Its mission is to provide innovative, cost-effective, and sustainable financial solutions to help Virginia's communities meet their infrastructure and operational needs. VRA accomplishes this by issuing bonds to raise capital and then providing low-interest loans to local governments for a wide range of essential projects, including water and sewer systems, solid waste disposal, transportation, public safety facilities, and brownfield remediation.

Founded in

United States