Virginia Governor Recommends More than $3.1 Million in Appalachian Regional Commission Funding

Governor Timothy M. Kaine announced today that he has recommended more than $3.1 million in Appalachian Regional Commission (ARC) funding for 16 projects in Southwest Virginia. The funds will help support economic development, clean and safe water, workforce education programs, and cultural heritage tourism.

“Each year projects funded through the Appalachian Regional Commission benefit Virginians in Southwest Virginia through increased access to clean water, economic development, educational programs, and healthcare,” Governor Kaine said. “Again I am recommending additional projects to the ARC for consideration that will draw tourism dollars to the region, strengthen the economic development efforts in the region, and create a better quality of life.”

The ARC is a federal-state partnership that works for sustainable community and economic development in Appalachia, assisting the region in achieving economic prosperity that more completely reflects the nation’s overall prosperity. Each year the governor makes funding recommendations to the ARC for projects in Virginia’s Appalachian region.

Projects are awarded in two categories: Area Development Funding (AD) and Asset-Based Development Initiative Funding (ABD). Projects funded through AD are designed to encourage economic development in the region by funding projects such as infrastructure, entrepreneurship support and workforce development. Projects funded through ABD are designed to build a strong and sustainable asset-based economy by bringing jobs and prosperity to Appalachian communities, while preserving their character.

Read full story via - Midlothian Va & Chesterfield County News.

Short URL: http://www.news.synavista.com/?p=7448

Posted by admin on Jan 8 2010. Filed under Richmond News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.