$8.79M in CARES Act funding going to affordable housing
Following Gov. Ralph Northam’s announcement on Aug. 7 that the eviction moratorium would be extended through Sept. 7, U.S. Sens. Mark R. Warner and Tim Kaine on Monday announced that $8.79 million in federal Coronavirus Aid, Relief, and Economic Security (CARES) Act funding will go to affordable housing in Virginia. “As housing insecurity continues to […]
UR hires president, CIO of endowment management company
William H. McLean has been named president and chief investment officer of Spider Management Co., which oversees the University of Richmond’s approximately $2.5 billion endowment, the university announced Tuesday. He will start his five-year appointment Jan. 1, 2021. Rob Blandford, the current president and CIO, will serve[...]
Liberty University chair Jerry Prevo appointed acting president
The executive committee of Liberty University’s board of trustees has appointed its chairman as acting president while Jerry Falwell Jr. takes an indefinite leave of absence, which took effect Friday. Jerry Prevo, a retired evangelical pastor from Anchorage, Alaska, has been on the university’s board since 1996 and c[...]
Richmond mayor proposes $500K for businesses affected by protests
Richmond Mayor Levar M. Stoney is proposing that City Council adopt a $500,000 Business Recovery Grant Program to compensate for damages to businesses from recent protests. Through the program, eligible businesses can be awarded a one-time grant of up to $10,000 to cover costs from damage that happened as the result of recent demonstrations within […]
UPDATED: Sen. Chase refused to wear mask at Harrisonburg restaurant
Updated, Aug. 19 The owners of a Harrisonburg restaurant posted a message on Facebook saying that GOP gubernatorial candidate Amanda Chase refused to wear a mask in their restaurant Sunday and threatened to sue them for enforcing the policy. “Chase came into our restaurant,” wrote Katharine Nye Pellerito, co-owner of Vito’s Italian Kitchen with her […]
PAE hires homeland security director
Guy Torres has joined Falls Church-based Pacific Architects and Engineers (PAE) as the director of its homeland security portfolio, according to reports. Torres was most recently a Department of Homeland Security account executive at Falls Church-based Northrop Grumman Corp. During his career, he has also served as director of U.S. Customs and Border Protection’s information […]
Chantilly IT company names CEO
Chantilly-based information technology company DirectViz Solutions LLC announced Friday that Michael McHugh has been promoted to CEO. McHugh was most recently the company’s chief operating officer, and has more than 25 years of experience working in the technology industry. Before his time with DirectViz, he served as pr[...]
BAE Systems Inc. lands $350M+ in defense contracts
Arlington-based defense company BAE Systems Inc. (a subsidiary of United Kingdom-based BAE Systems plc) announced Monday it has won a $211.6 million U.S. Navy contract and a $144 million U.S. Air Force contract. BAE Systems’ ship repair business in Jacksonville, Florida, will work on the U.S. Navy contract and update, repair and maintain two Arleigh […]
COVID-19 cases surpass 100,000 in Virginia
Virginia has now recorded more than 100,000 cases of COVID-19 since it started tracking the coronavirus in February, the Virginia Department of Health recorded Monday. The state has 100,749 confirmed and probable cases, up 7,643 from Aug. 3. Virginia’s number of deaths went up by 109 last week to 2,327, and the statewide positivity rate […]
Henrico company names president, association management services
Henrico County-based association management company Eisenman & Associates Inc. announced Friday it has hired Terry Monroe as president of association management services, effective Aug. 17. Monroe was most recently the director of membership and marketing for the Chantilly-based International Association of Fire Chiefs. In h[...]
Construction continues to struggle during pandemic
The nonresidential construction industry lost 4,000 jobs in July, as compared to June, the Associated Builders and Contractors (ABC) announced Friday. The construction industry as a whole, however, has added 639,000 jobs during the past three months — recovering approximately 59% of the jobs lost during the pandemic. “For several weeks, contractors have noted an […]
Danville voters: yes or no to a casino?
Danville Circuit Court Judge Joseph Milam on Friday issued an order that will officially place a local referendum on casino gaming on the Nov. 3 General Election ballot in Danville. Caesars Virginia, a subsidiary of Caesars Entertainment Corp., plans to construct and operate a $400 million casino at the former Dan River Mills industrial complex […]