McAuliffe announces solicitation of applications for a second round of FACT Fund grants


virginia-blue-oversizeGovernor Terry McAuliffe announced this week that grant applications are being accepted from Virginia localities to address encroachment of military or security installations.  These grants are being supported with $4,361,600 in the Virginia Federal Action Contingency Trust (FACT) Fund. Virginia localities that have had or have pending identifiable or measurable negative impacts caused by encroachment upon military or security installations are eligible to apply for these grant funds.

The deadline for the receipt of applications is July 31 and the application and guidance documents can be found on the website of the Virginia Secretary of Finance http://finance.virginia.gov/agency-information/fact-fund/.

During the 2014 Special Session, the General Assembly reverted $4,361,600 of the FACT Fund balance included in the introduced Budget Bill.  During the 2014 Reconvened Session, the Governor vetoed this reversion. The Governor’s veto had the effect of restoring the balance to the FACT fund, making it available for the 2014-2015 FACT Fund grants.

“Virginia’s military installations play a critical role in keeping our nation safe and our Commonwealth’s economy healthy,” said Governor McAuliffe. “The FACT Fund is an invaluable tool to help mitigate the threat of encroachment or other issues that could put our bases at risk. That is why I fought to keep this funding in the budget, and why I am looking forward to reviewing these applications from communities that are invested in keeping our military assets and the jobs and economic growth that come with them in the Commonwealth.”

The FACT Fund was created by the Virginia General Assembly in 2012 to limit risks associated with or offset the adverse economic impacts of closure, relocation, or realignment of federal military or security installations or other federal agencies located in Virginia.

 



uva basketball team of destiny

Team of Destiny: Inside UVA Basketball's improbable run

Team of Destiny: Inside Virginia Basketball’s Run to the 2019 National Championship, by Jerry Ratcliffe and Chris Graham, is available for $25.

The book, with additional reporting by Zach Pereles, Scott Ratcliffe and Scott German, will take you from the aftermath of the stunning first-round loss to UMBC in 2018, and how coach Tony Bennett and his team used that loss as the source of strength, through to the ACC regular-season championship, the run to the Final Four, and the thrilling overtime win over Texas Tech to win the 2019 national title, the first in school history.

Subscribe

Augusta Free Press content is available for free, as it has been since 2002, save for a disastrous one-month experiment at putting some content behind a pay wall back in 2009. (We won’t ever try that again. Almost killed us!) That said, it’s free to read, but it still costs us money to produce. The site is updated several times a day, every day, 365 days a year, 366 days on the leap year. (Stuff still happens on Christmas Day, is what we’re saying there.) AFP does well in drawing advertisers, but who couldn’t use an additional source of revenue? From time to time, readers ask us how they can support us, and we usually say, keep reading. Now we’re saying, you can drop us a few bucks, if you’re so inclined.

 


augusta free press
augusta free press
augusta free press news