Warner & Kaine Announce Over $700,000 in Federal Funding for Economic Development in Southwest Virginia
The funding was awarded through the U.S. Department of Agriculture to support economic development in rural communities
WASHINGTON, D.C. – Today, U.S. Sens. Mark R. Warner and Tim Kaine (both D-VA) announced $703,900 in federal funding for communities throughout Southwest Virginia in order to boost economic development and upgrade old and out-of-date equipment used for critical public services. The funding is awarded through two programs within the U.S. Department of Agriculture Rural Development division, which aims to support economic development and essential services that improve quality of life in rural communities.
“We are glad to support investments that will spur economic development and fund much needed equipment for public works,” the Senators said. “These grants will help to ensure that Virginia’s rural communities have equipment they need to safely and effectively serve residents, from trash collection and construction to providing community safety services and well-maintained gathering spaces.”
Awarded through the USDA Rural Business Development Grants:
- $250,000 to the Town of Hillsville, VA to assist with the completion of the fifth phase of the Southwest Virginia Farmers Market, including pavement, curb, and gutter.
- $105,000 to the Town of Richlands, VA to create a revolving loan fund that will serve as a recruitment and retention tool for micro- and small businesses.
Awarded through the USDA Community Facilities Direct Loan & Grant Program:
- $200,000 to Grayson County for the purchase of two sanitation vehicles to replace older vehicles that are unreliable and in need of costly repairs.
- $93,700 to the Town of Coeburn for the purchase of a backhoe to be used by the public works department.
- $50,000 to Alleghany Highlands Young Men’s Christian Association (YMCA) in Covington, VA for the purchase of two fourteen-passenger vehicles, which will help replace older, unsafe vehicles.
- $5,200 to the Town of Boones Mill for the purchase of a law enforcement vehicle to replace an older, unsafe vehicle in need of costly repairs.