jump to example.com
newsletter linked in

McDonnell announces $2 million in Industrial Revitalization Fund grants

Gov. Bob McDonnell announced more than $2 million in Industrial Revitalization Fund (IRF) grants for five projects in Virginia. The IRF program provides gap financing for construction projects aligned with local and regional economic development strategies, primarily in distressed communities.

bob-mcdonnell“This program focuses on bringing derelict structures back to life,” said Governor McDonnell.  “By revitalizing vacant structures, we are encouraging economic growth in communities that want new investments and creating new vitality for vacant buildings.”

Projects were reviewed and evaluated competitively, with an emphasis on those with a high level of blight, identification of impediments to economic development efforts, alignment with regional or local strategies, availability of matching resources, level of community distress where the property is located and an identified and feasible end use.

The maximum award was $600,000 per project. Seventeen applications totaling nearly $7.4 million in requests were received by the Department of Housing and Community Development (DHCD). The funds are intended to leverage local and private resources to achieve market-driven redevelopment of these derelict structures, creating catalysts for long-term employment opportunities and on-going physical and economic revitalization.

2014 IRF Grant Awards:

Applicant

Proposal Name

Award Offer

City of Martinsville

Henry Hotel Redevelopment Project

$600,000

City of Hopewell

238 E. Broadway Rehabilitation Project

$387,900

Wise County Industrial Development Authority

Wise Inn Redevelopment Project

$200,000

St. Paul Industrial Development Authority

Willis Building Rehabilitation Project

$600,000

Town of Clifton Forge

Masonic Theater Rehabilitation and Expansion Project

$250,000

Discussion
 
Top Stories
a

Sears Hill overlook now features signs detailing Staunton history

If you’ve never taken in the view of downtown Staunton from Sears Hill, now’s the time.

Verona man indicted in 2014 murder

A Verona man has been indicted by an Augusta County grand jury for the 2014 murder of his wife.

Chris Graham Show: Coming up on Viewpoints, more

Chris Graham talks nonpartisan redistricting, immigrants rights, then switches gears to talk college basketball and pro wrestling. And barely breaks a sweat.

Thousands of Virginians stand to gain financial help buying 2017 health coverage

About 8.8 million Americans who buy health insurance through HealthCare.gov receive tax credits that help make coverage more affordable.

Martin Family Circus bring family music, entertainment to Wayne

Martin Family Circus brings its unique blend of family-themed music to the Wayne Theatre/Ross Performing Arts Center.

Viewpoints: Meet new Fishburne superintendent Mark Black

Navy Captain Mark E. Black was named the 12th Superintendent at Fishburne Military School this summer. Black joins Viewpoints to talk about private school education.

Busy December highlighting Christmas, holidays at the Wayne Theatre

Big band hits, a Christmas home tour, and series of holiday-themed concerts and classic movies make up the schedule in December at the Wayne Theatre.

 
Recent News

Recent Sports

Recent Politics

Recent Business

Viewpoints
 
Hosts Chris Graham and Crystal Graham of Augusta Free Press highlight local news and newsmakers with an emphasis on the Shenandoah Valley on Viewpoints on WVPT.

Join the conversation on WVPT's Facebook page.

Chris Graham is the editor of Augusta Free Press, ESPN3 baseball broadcaster and the author of five books. Crystal Graham is the award-winning former host of WVPT’s Virginia Tonight.

Show airs Wednesday nights at 7:30 p.m.

Want to see what's coming up on Viewpoints? Click here.

Missed a show? Watch OnDemand and on our YouTube channel.

Past shows are also available via the PBS app wherever it is available (iOS, Xbox, Roku, Android, etc). Videos will be found more easily if you localize the app and select WVPT as your local PBS station.

AFP Business

Your One-Stop Media Shop

Augusta Free Press LLC provides clients in the Shenandoah Valley and Central Virginia and beyond with marketing and PR solutions including web design, magazine/brochure, TV/radio, social media and overall marketing campaign design and implementation.
 

Advertise

Get information on readership and advertising online with us.


AFP Classes

Augusta Free Press offers a series of hour-long classes on website design, marketing strategy, social media, event planning and more.


Web Design

You want a new website, but don’t have the first clue as to how to build one. That’s our job. Get your business online for as little as $1,299.


Graphic Design

Whether you need a fresh business card design, rack card, ad, flyer or full magazine design, we can help with all your graphic-design needs.


Marketing/PR

Augusta Free Press manages advertising campaigns for small- and medium-sized businesses across Virginia. You don’t need to hire a full-time marketing coordinator. Bring the experience of the Augusta Free Press team to work for you – for a fraction of the cost.


Search Engine Optimization

The prettiest website in the world is like a tree falling in the forest with no one there to hear it. If your website hasn’t been search engine optimized, no one is going to see it or hear it – and it’s not going to work for you.


Video/Audio

Web videos, TV and radio commercials, DVDs – Augusta Free Press LLC has you covered when it comes to video and audio production.