This amendment establishes the Virginia CDFI Fund (the Fund) within the Department of Housing and Community Development which may be comprised of appropriations, grants and loans from federal, state and private sources, and other types of financial assistance, to provide capital through grants to community development financial institutions (CDFIs), community development enterprises (CDE), or other such similar entities as permitted by law, whose primary purpose is to provide financing in the form of loans, grants or forgivable loans to small business or community revitalization real estate projects in Virginia. The amendment provides a one-time appropriation of $10.0 million from the general fund the second year to capitalize the Fund.