The Towns of Floyd and Pulaski Receive Grants

Virginia’s New River Valley – The Town of Floyd and the Town of Pulaski have both received grants from the Virginia governor’s office. These grants will aid the towns in bolstering growth in their localities.

The Town of Floyd was awarded over $200,000 of a Virginia Brownfields Restoration and Economic Redevelopment Assistance Fund (VBAF). According to the press release, the VBAF “provides either grants or loans to local governments to restore and redevelop brownfield sites and address environmental problems or obstacles to their reuse in an effort to effectively attract new economic development prospects.” The Town of Floyd will use the funds for multiple commercial properties in the west end of the town.

The Town of Pulaski received $500,000 for a Mixed Use on Main Street Grant (MUMS). According to the MUMS press release, this program is to “support the revitalization of vacant or underutilized downtown spaces to create opportunities for commercial development and housing units.” The Town of Pulaski will use the funds to add eight market-rate apartments to 69 West Man Street.

Read the VBAF press release here.

Read the MUMS press release here.

Virginia’s New River Valley: Virginia’s New River Valley is an eclectic mix of interconnected small towns that each offer their own unique vibe and appeal. The region provides an abundance of cultural and social offerings due to the presence of three world-class universities, while retaining the charm and benefits of small town living. The NRV is home to a diverse and innovative business community with companies that range from high-tech startups to foreign-based corporations to specialty agribusiness. These organizations benefit from the collaborative spirit of our region and a loyal, highly-skilled, and educated workforce. The scenic beauty of the region also fosters a deep connection to nature, which is deepened by access to outdoor recreation and the preservation of our natural environment. It’s clear why Virginia’s New River Valley is “A Natural Fit.”

Onward NRV: Onward NRV is a public/private, regional economic development organization whose mission is to attract and retain world class jobs, investment, and talent in Virginia’s New River Valley. It’s also a movement where leaders from business, government, and higher education work together to promote the economic vitality of the region.