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Business notes for the week of Aug 28

Business notes for the week of Aug 28
dailypress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailypress.com Daily Mail and Mail on Sunday newspapers.

Virginia Housing Grants and Planning District Commissions create new housing opportunities for Virginians

RICHMOND - Virginia Housing awarded a $40 million grant program to Virginia’s 21 Planning District Commissions (PDCs) to stimulate regional affordable housing initiatives. To date, the funds together with their

Five Parts of Virginia Fear Lost Funding If Federal Definitions Change

Sandy Hausman reports. For the last 70 years, the federal government has classified communities with more than 50,000 residents as Metropolitan Statistical Areas – using that designation to guide distribution of some grants.  Given changes in the nation’s population, a General Services Administration committee recommended downgrading communities with fewer than 100,000 people calling them Micropolitan Areas.  David Blount, director of the Virginia Association of Planning District Commissions, says that could hurt Charlottesville and four other parts of the state. Thomas Jefferson District Planner David Blount hopes the federal government will do more analysis before changing the definition of a Metropolitan Statistical Area.

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