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Expanding the Impact of the Clean Water and Drinking Water Programs through Inaugural Joint Bond Issuance
Together with state agency partners, VRA plays an important role in helping keep Virginians safe and healthy. This mission is even more important as the Commonwealth faces the many challenges associated with the COVID-19 pandemic. VRA, in partnership with the Virginia Department of Environmental Quality (DEQ) and Virginia Department of Health (VDH), serves as the financial administrator of the Clean Water Revolving Loan Fund (CWRLF) and Drinking Water State Revolving Fund (DWSRF). Both of these funds have a daily impact on improving the quality of life in communities across Virginia.
Goochland County Achieves Nearly $8.5 Million of Savings through Refunding Bond Issuance
In 2002, VRA issued bonds on behalf of Goochland County to finance utility system improvements in the County’s Tuckahoe Creek Service District (TCSD). TCSD is best known for the West Creek development that has flourished on the eastern end of the County. In 2012, the County was assisted again by VRA with the restructuring of the 2002 debt that was designed to provide Goochland with a debt service schedule and loan terms better suited to Goochland's long-term needs. In 2020, the County again partnered with VRA to capture debt service savings through the refunding of the 2012 bonds.
Getting To Know  VRA's Program Management Team: Jonathan Farmer, Senior Program Manager
The VRA Team is here to serve Virginia local governments. VRA is known for its expertise and commitment in finding the right financing solution to help fund critical infrastructure needs. VRA has a dedicated staff, who are also engaged in various ways in the local community. In this newsletter, get to know VRA's talented and hard-working Program Management Team. This Team is responsible for managing programs such as the Virginia Pooled Financing Program, the Virginia Airports Revolving Fund, the VirginiaSAVES Green Community Program, and the Dam Safety, Flood Prevention and Protection Assistance Fund.
Getting To Know  VRA's Program Management Team: Kimberly Adams, Senior Program Manager
The VRA Team is here to serve Virginia local governments. VRA is known for its expertise and commitment in finding the right financing solution to help fund critical infrastructure needs. VRA has a dedicated staff, who are also engaged in various ways in the local community. In this newsletter, get to know VRA's talented and hard-working Program Management Team. This Team is responsible for managing programs such as the Virginia Pooled Financing Program, the Virginia Airports Revolving Fund, the VirginiaSAVES Green Community Program, and the Dam Safety, Flood Prevention and Protection Assistance Fund.
Getting To Know  VRA's Program Management Team: Peter D'Alema, Director
The VRA Team is here to serve Virginia local governments. VRA is known for its expertise and commitment in finding the right financing solution to help fund critical infrastructure needs. VRA has a dedicated staff, who are also engaged in various ways in the local community. In this newsletter, get to know VRA's talented and hard-working Program Management Team. This Team is responsible for managing programs such as the Virginia Pooled Financing Program, the Virginia Airports Revolving Fund, the VirginiaSAVES Green Community Program, and the Dam Safety, Flood Prevention and Protection Assistance Fund.
Welcome New and Reappointed Board Members
On August 21, Governor Northam announced appointments to the VRA Board of Directors. VRA is excited to welcome these two newly-appointed members.
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