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Featured Project: City of Richmond's Acquisition of Mayo Island
The City of Richmond applied to the Virginia Community Flood Preparedness Fund (CFPF) for funds to acquire 14.5 acres located in the City known as Mayo Island.
Small Loan Financing Available
VRA's Board of Directors has authorized the Local Government Direct Loan Program (DLP) to finance short-term loans and small loans on behalf of Virginia local governments to support infrastructure projects. Small loans of $250,000 - $750,000 that are inefficient to finance through the public debt markets could be financed through the new DLP.
June 30 Application Deadline
Applications for the Resilient Virginia Revolving Fund will be accepted and evaluated on a rolling basis until midnight on June 30 or when the funds have been exhausted.
Board Highlight: State Treasurer Richardson
David L. Richardson was appointed State Treasurer by Governor Glenn Youngkin on June 2, 2022. By statute, the Treasurer serves as an ex-officio member of the Virginia Resources Authority Board. Mr. Richardson serves on VRA's Budget and Investment Committee.
VRA Nationally Certified for Investment Best Practices
On March 14, the Government Investment Officers Association (GIOA) recognized governmental entities whose investment policies uphold industry best practices.
Drinking Water Program Application Deadline May 3, 2024
Application Deadline May 3, 2024
DCR Applications Due November 12 and December 12
Resilient Virginia Revolving Fund and Virginia Community Flood Preparedness Fund funding application period open now.
Virginia Projects Nationally Recognized
City of Richmond was recognized with the Environmental Protection Agency’s (EPA’s) AQUARIUS award for excellence in creative solutions.
Board Highlight: Mike Rolband
Governor Glenn Youngkin appointed Mike Rolband as the Director of the Virginia Department of Environmental Quality (DEQ) in January 2022.
VRA Receives GFOA Recognition
The Government Finance Officers Association (GFOA) has awarded the Certificate of Achievement for Excellence in Financial Reporting to VRA for its annual comprehensive financial report for the fiscal year ended June 30, 2022.
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