$2 million in IRF program funding is available to local governments to help rehabilitate derelict commercial and industrial structures
The IRF program provides funding of up to $600,000 for construction projects aligned with local and regional economic development strategies. Towns, counties or cities can apply for the funding, however, special consideration will be given to distressed communities. Each IRF grant/loan will require a one-to-one match from public or private funds. Eligible properties include any large-scale, non-residential structure.
The Department of Housing and Community Development (DHCD) will be conducting three how-to-apply workshops for the Industrial Revitalization Fund (IRF) program during the month of July. During these sessions, DHCD staff will offer a review of the program design, funding availability, the application process and additional information.
Applications are due Thursday, October 1, 2015.
|Lynchburg||Tuesday, July 14||1-3 p.m.|
|Abingdon||Tuesday, July 21||1-3 p.m.|
|Norfolk||Tuesday, July 28||1-3 p.m.|