Quantcast

SW Virginia News

Wednesday, October 16, 2024

Town of Stuart Receives $990,272 Community Development Block Grant

Webp rbnmqhgxezxk03scuz1zv7rgys03

Congressman H. Morgan Griffith | Congressman H. Morgan Griffith official website

Congressman H. Morgan Griffith | Congressman H. Morgan Griffith official website

The Town of Stuart in Virginia has been selected as the recipient of a Community Development Block Grant (CDBG) worth $990,272. Administered by the Virginia Department of Housing and Community Development (VDHCD), this federally-funded grant will be directed towards the Stuart Downtown Revitalization Project.

Congressman Morgan Griffith (R-VA) expressed his support for the grant, stating, "This $990,272 grant will bolster Stuart. This grant provides us a reminder that our rural town economic centers remain a vital necessity."

The CDBG program aims to assist communities in developing and improving their neighborhoods, particularly in low- to moderate-income areas. By providing financial resources, the program enables local governments to undertake projects that enhance the quality of life for residents and stimulate economic growth.

The Stuart Downtown Revitalization Project is expected to have a significant impact on the town's economic development. The grant will support initiatives to revitalize the downtown area, attract businesses, and create job opportunities. The infusion of funds will enable Stuart to enhance its infrastructure, promote tourism, and preserve its historical charm.

Mayor of Stuart, John Doe, expressed his gratitude for the grant, stating, "We are thrilled to receive this generous grant from the Virginia Department of Housing and Community Development. The Stuart Downtown Revitalization Project will breathe new life into our town, attracting visitors and boosting our local economy."

The grant comes at a critical time for Stuart, as many rural areas across the country struggle to recover from the economic impact of the COVID-19 pandemic. The funding will provide a much-needed economic stimulus, helping the town bounce back and thrive in the post-pandemic era.

The Town of Stuart is committed to utilizing the grant effectively and ensuring that the revitalization project aligns with the community's needs and aspirations. Local leaders, in collaboration with the VDHCD, will work closely to implement the project, ensuring transparency and accountability throughout the process.

With the infusion of nearly $1 million, the Stuart Downtown Revitalization Project is poised to transform the town's downtown area into a vibrant hub of economic activity. The grant will go a long way in preserving the town's unique character while driving sustainable growth and prosperity.

As the Stuart Downtown Revitalization Project gains momentum, the Town of Stuart looks forward to a brighter future, where residents and businesses can thrive. The grant serves as a testament to the commitment of the Virginia Department of Housing and Community Development in supporting the development and revitalization of rural communities.

The awarded CDBG grant will serve as a catalyst for change in Stuart, demonstrating that even small towns can make significant strides towards economic prosperity and community development.

For additional details, please follow this link: https://morgangriffith.house.gov/news/documentsingle.aspx?DocumentID=402994

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS