TOBACCO REGION REVITALIZATION COMMISSION MEETS IN RICHMOND
Commission Approves 13 Funding Requests for Projects in Southern and Southwest Virginia
Richmond, VA – The Virginia Tobacco Region Revitalization Commission met on Tuesday, January 9th to give final approval for 13 funding requests. The 13 requests total more than $13 million and will support projects across Southern and Southwest Virginia. The total funds to be disbursed break down as follows: $9.2 million for economic development in Southside Virginia, $2.9 million for megasite development and $1.1 million for agribusiness projects. The individual requests approved ranged in size from $72,000 to $2.9 million.
The Commission also approved funds for the student loan forgiveness program totaling $6.5 million.
Tobacco Commission Chairman, Delegate Terry Kilgore said, “I’m proud of the work the Tobacco Commission has done over the last two days. These projects show our commitment to developing a diverse economy in Southern and Southwest Virginia and I look forward to seeing the positive impact they will have over the coming years.”
Tobacco Commission Executive Director, Evan Feinman added, “The projects the Commission chose to support over the last two days will help us grow the economy of Southern and Southwest Virginia for years to come. From individual projects that will create jobs right away to long term investments in critical infrastructure I could not be more pleased with the work the Commission has done here in Richmond.”
The Tobacco Commission is committed to developing a diverse economy in Southern and Southwest Virginia. The funding requests approved over the two day meeting will continue to move the region toward that goal.
Contact: Jordan Butler
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