Wednesday, August 19, 2015

Governor McAuliffe Announces More Than $8.2 Million in Community Development Block Grants

~ Projects include water and sewer service, downtown revitalization, and housing rehabilitation ~ 
RICHMOND – Governor Terry McAuliffe today announced more than $8.2 million in Community Development Block Grant (CDBG) funding for 12 projects in Virginia. Since 1982, the federally-funded CDBG program has been administered by the Virginia Department of Housing and Community Development (DHCD), and Virginia receives approximately $17 million annually for this grant program.
Speaking about today’s announcement, Governor McAuliffe said, “In order to build a new Virginia economy, we need to use all available resources to improve the lives of Virginians.  These projects help provide better infrastructure, affordable housing, and revitalize downtown districts to create sustainable and vibrant communities across the Commonwealth.”

Speaking at an event in Bassett, VirginiaSecretary of Commerce and Trade Maurice Jones said, “The CDBG program continues to help localities across the Commonwealth make the necessary investments to stay competitive and thrive in today’s economic environment.  These funds are critical in order to help our communities, particularly those in rural areas, become the best places to live, work and conduct business.”

CDBG grants are awarded through a competitive process.  Most projects benefit low- and moderate-income persons, and many projects are targeted for the prevention or elimination of slums and blight conditions.

During this year’s competitive cycle, 22 proposals were submitted by 21 localities, and 11 projects received the initial funding, with two projects receiving multi-year funding and one project receiving a letter of intent. Multi-year funding projects are those that will receive a contract allocating a portion of the funds this year, and after achieving specific performance targets, the project will then be eligible for additional funding. The letter of intent project is worthy of funding but lacks key components necessary for the project to be immediately implemented, and the grant allows the locality to address the missing key components.

2015 CDBG Community Improvement Grant Awards:
Project Name
CDBG Award
Buchanan County
Hurley Regional Water Project Phase VI
     $ 1,000,000
Town of Damascus
Damascus Downtown Revitalization
     $ 659,400
Dickenson County
Georges Fork Sewer Project
     $ 1,000,000
Town of Dungannon
Dungannon Economic Revitalization
     $ 700,000
Henry County
Smith River Small Towns Business District Revitalization
     $ 700,000
Town of Smithfield
Pinewood Heights Redevelopment Project Phase III
    $ 1,000,000
Town of Strasburg
Strasburg Downtown Revitalization Project
     $ 700,000
Wise County
Roda, Osaka and Stonega Sewer Phase II
     $ 690,000
Town of Wytheville
Freedom Lane Housing Production
     $ 505,625
Town of Appomattox
Meadowlark Neighborhood Improvement Project
Multi-year Funding
     $ 1,000,000
Town of Pulaski
Kersey Bottom Neighborhood Revitalization Project
Multi-year Funding
     $ 1,000,000
Town of White Stone
White Stone Comprehensive Project
Letter of Intent
     $ 1,400,000

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