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VPFP Project Highlights
Community Services Board: Harrisonburg/Rockingham

The City of Harrisonburg and Rockingham County have teamed up to provide additional services to area residents to meet a growing local need.

 

 

Harrisonburg and Rockingham have borrowed a combined $9.915 million from the summer 2019 'Virginia Pooled Financing Program' (VPFP) to fund a new facility and renovations for the Harrisonburg-Rockingham Community Services Board ("HRCSB").

 

HRCSB is one of 40 community-based public providers of mental health, substance abuse, and developmental disability services throughout Virginia. The need for the new facility and renovations comes from increases in the HRCSB client base due to population growth, Medicaid expansion, and new state mandates for additional services. This increased demand has placed stress on the existing space and facilities. The completed project will consist of new construction at the main campus (located on Main Street in Harrisonburg) and renovation and expansion of the McNutly Center (located on Washington Street, also in Harrisonburg).

 

"Rockingham County is excited to be part of the Harrisonburg-Rockingham Community Services Board's project.  Virginia Resources Authority (VRA) financing for the project was somewhat unique since the County, City of Harrisonburg, and the CSB jointly financed through VRA.  VRA worked to ensure that all parties involved were comfortable with the transaction.  We appreciate the opportunity to work with VRA on this financing and look forward to the future!" 

 

- Stephen King, Rockingham County Administrator

 

"Virginia Resources Authority provided an excellent financing solution for a not so simple joint project between the City of Harrisonburg, Rockingham County and the Harrisonburg-Rockingham Community Services Board. VRA kept all parties updated and involved at all stages of the financing which in turn created a smooth and seamless process that we were all comfortable with."  

 

- Larry L. Propst, City of Harrisonburg Director of Finance

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