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Fairfax County board ponders $30M COVID-19 relief program
The Fairfax County Board of Supervisors on Tuesday will consider launching a small business and nonprofit relief grant program that could disperse up to $30 million to local businesses impacted by the COVID-19 pandemic. The proposed guidelines would allocate $10,000 to businesses with one to 10 employees, $15,000 to businesses with 11 to 25 employees […]
Veterans affordable housing complex coming to Arlington
Arlington Partnership for Affordable Housing (APAH) has purchased the former Arlington American Legion Post 139 building for $8.8 million to construct apartment units and a new veterans programming center, Toronto, Canada-based real estate company Avison Young Inc. announced Monday. The Arlington chapter of the American Legion[...]
Loudoun County disperses $1.4M to 201 small businesses
The Loudoun County Department of Economic Development announced Friday it had dispersed approximately $1.4 million from the COVID-19 Business Interruption Fund to 201 small local businesses. The Loudoun County Board of Supervisors and the Loudoun County Economic Development Authority (EDA) established the fund. The board of supe[...]
NoVa officials say region’s not ready to reopen
Northern Virginia elected officials — as well as local health department directors — have asked Gov. Ralph Northam to wait on allowing local businesses to reopen until the hard-hit region’s COVID-19 cases have shown a continuous decline, along with meeting other metrics. “Based on our assessment, we do not believe that the Northern Virginia region […]
VCU tests third COVID-19 drug, this time targeting inflammation
Researchers at VCU Health now are conducting trials on a third drug to help treat COVID-19, a medication that suppresses inflammation in people with a type of juvenile arthritis. Canakinumab is already approved by the U.S. Food and Drug Administration for use in arthritis patients, but a new study — launched April 29 at VCU [&[...]
Va. coronavirus cases surpass 25k
While Gov. Ralph Northam plans to begin easing some restrictions on businesses, Virginia saw 989 new COVID-19 cases on Monday, bringing the state’s total count to 25,070 New COVID-19 cases in Virginia have been climbing in recent days: Virginia saw 885 new coronavirus cases on May 10 and 854 new coronavirus cases on May 9.[...]
D.C./Va./Md. COVID-19 task force forms for economic strategy
Connected DMV, a regional nonprofit collaboration in Northern Virginia, Washington D.C. and Maryland, announced Thursday it has formed a 45-person COVID-19 Strategic Renewal Task Force to make formal recommendations for addressing short-term and long-term COVID-19-related economic recovery. Founded in 2019, Connected DMV focuses on economic development in Virginia, Washington, D.C., and Maryland. The task force […][...]
Va. COVID-19 cases rose 30.8% since last week
UPDATED MAY 10 The number of confirmed and probable coronavirus cases in Virginia rose by 30.8% between May 2 and May 9. During his May 8 news briefing about the state’s plan to begin the phased reopening of Virginia businesses, Virginia Gov. Ralph Northam said such increases are expected and due in part to increased [&hel[...]
Floyd County EDA receives $2.3M federal grant for growth center
The Floyd County Economic Development Authority announced this week it has received a $2.3 million grant from the U.S. Economic Development Administration to construct the first building for the Floyd Growth Center, a shared space in the Floyd Regional Commerce Center for small industrial companies. Different from a small business incubator, the center will allow […]
Norfolk buys former Military Circle hotel for $2.4M
Less than a week after Norfolk announced its purchase of the Military Circle Shopping Mall for $11 million, the Norfolk Economic Development Authority (EDA) said Thursday it has also approved a plan for the city to purchase the former DoubleTree Hotel at Military Circle for $2.4 million. The hotel property was listed for sale [...]
Land near Richmond stadium sells for $1.95M
A vacant plot of land in Richmond across from The Diamond baseball stadium has sold for $1.95 million, Colliers International announced Thursday. Located at 3110 N. Arthur Ashe Blvd., the property is 1.19 acres. The property is located directly across from the planned Boulevard redevelopment project, known as The Boulevard RVA. [...]
Northam: Virginia to reopen “slowly and deliberately”
Scheduled to go into effect on May 15, the first phase of Gov. Ralph Northam’s Forward Virginia plan for reopening businesses won’t look that much different to daily life now in Virginia, with a handful of exceptions. These include allowing retail stores and houses of worship to open at 50% capacity and restaurants t[...]
