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Broadband aid
A couple of Holstein cows poke their heads through the metal gates of the barn as Mark Sowers fiddles with one of his most important pieces of farm equipment — a smartphone. Sowers opens an app on his phone that gives him real-time information from the nearly 300 milking cows that roam Huckleberry Dairy, the […]
Richmond’s Maymont wins $8M tourism grant
Updated July 20, 2022 Maymont Foundation, which maintains and runs Richmond‘s Maymont park, was awarded an $8 million federal grant Tuesday to promote regional tourism, the U.S. Department of Commerce‘s Economic Development Administration announced. With an additional $2 million in matching funds from the foundation, the EDA grant will be used for infrastructure improvements to [&helli[...]
Shenandoah Community Capital Fund to get $1M as part of federal program
The Shenandoah Community Capital Fund (SCCF) will receive $1 million in American Rescue Plan funding as part of the Community Navigator Pilot Program, the U.S. Small Business Administration announced Thursday. The program is an initiative meant to reduce barriers that small businesses, especially those owned by veterans, women, people from rural communities and communities of […]
Northam proposes $111M for undergrad financial aid
Virginia Gov. Ralph Northam announced Thursday that he wants to designate $111 million in federal aid to financial aid for undergraduate students: $100 million for public higher education institutions through the State Council for Higher Education in Virginia and $11 million for private institutions eligible for SCHEV’s Virginia Tuition Assistance Grant program. The General Assembly [&hellip[...]
Northam proposes $936M for unemployment fund, VEC
Virginia Gov. Ralph Northam announced Tuesday that he wants to spend $935.6 million of $4.3 billion in federal aid on the state‘s unemployment insurance trust fund and upgrading the Virginia Employment Commission. The General Assembly will meet Aug. 2 for a special session to allocate the funding, which the state received through the the $1.9 […]
Virginia to spend $700M on universal broadband by 2024
Ahead of the General Assembly’s August special session, Gov. Ralph Northam announced Friday he wants to spend $700 million of Virginia‘s federal relief funding on expanding broadband access to all of Virginia. Virginia received $4.3 billion in federal funds through the $1.9 trillion American Rescue Plan passed in March. Joined by U.S. Sen. Mark Warner at […]
Virginia finishes FY21 with record $2.6B surplus
Virginia reached the end of fiscal year 2021 with a $2.6 billion surplus, the largest in the commonwealth’s history, according to a statement released by Virginia Gov. Ralph Northam on Wednesday. Total revenue collections grew 14.5% over fiscal year 2020, ahead of 2.7% growth projections. State collections reached $8.6 billion in the final quarter of […]
Va. restaurant, hospitality industry seeks $270M+ in relief funding
Hard hit by the pandemic, Virginia‘s restaurant and hospitality industry is asking the General Assembly to dedicate more than $270 million from the state‘s share of federal American Rescue Plan dollars to assist hotels, restaurants and other hospitality-related industries. In a letter sent Tuesday to members of the state legislature’s money committees, the Virginia Restaurant, [&[...]
