Governor Glenn Youngkin today announced that he is recommending 13 projects for funding by the Appalachian Regional Commission (ARC), totaling $5.356 million in grants. ARC will finalize approval of these project awards later this year. 

Horn recognized for legacy of housing investment and regulatory reform

Director Bryan Horn will depart from the Virginia Department of Housing and Community Development May 30, 2025 to accept another position. As the architect of Governor Youngkin's "Make Virginia Home" initiative, Horn led the Administration's efforts to catalyze housing construction statewide. Deputy Secretary of Commerce & Trade Maggie Beal will serve as the agency's interim director.

Funding will support new construction and rehabilitation of over 2,969 affordable and special needs housing units  

Governor Glenn Youngkin announced today more than $139 million in Affordable and Special Needs Housing loans for 41 projects across the Commonwealth. The recommended projects will create and preserve 2.969 total units for low-income and extremely low-income households.  

Governor Glenn Youngkin today announced more than $23.6 million in Community Development Block Grants (CDBG) for 33 projects across the Commonwealth. The funding will support projects that rehabilitate housing, revitalize downtown districts, and improve water and sewer infrastructure benefiting more than 10,000 low- and moderate-income Virginians.  

Designated Main Streets can access resources to advance downtown revitalization and business development

Governor Glenn Youngkin today announced nine new organizations for the Advancing Virginia Main Street Designation. The newly designated communities will receive intensive services to help strengthen their downtowns, including market analysis, marketplace development, capacity building, design assistance, organization development, economic strategies, and façade renderings for redevelopment projects. 

Applications will be accepted until March 1 for federal broadband deployment funding 

Governor Glenn Youngkin today announced approval from the National Telecommunications and Information Administration (NTIA) for Virginia's list of over 133,000 eligible locations that will receive high-speed internet access through the Commonwealth's $1.48 billion Broadband Equity, Access, and Deployment (BEAD) allocation to connect all Virginians to high-speed, affordable reliable internet.

Funding will support redevelopment projects in port host communities of Newport News, Norfolk and Portsmouth 

Governor Glenn Youngkin today announced $2.4 million in Port Host Communities Revitalization Fund awards for the cities of Newport News, Norfolk and Portsmouth. The three grants will support a Seafood Market in Newport News, vital shipyard improvements in Norfolk, and a dual rail transload facility in Portsmouth. 

Appalachian Regional Commission funding to support damage assessments and recovery efforts of recreational areas affected by Hurricane Helene 

Demonstrating a strong commitment to swift recovery by directing an accelerated application process, Governor Glenn Youngkin has recommended $1.3 million in funding from the Appalachian Regional Commission (ARC) to support the Hurricane Helene Outdoor Recreation Recovery Planning Project in Virginia's Appalachian region.

Funding will support the growth of strategic industry sectors and develop talent pipelines 

Governor Glenn Youngkin today announced more than $2.5 million in Growth and Opportunity for Virginia (GO Virginia) grant awards for 21 projects focused on creating workforce pipelines for targeted industries and supporting the cultivation of critical industry resources to attract and grow Virginia-based businesses. 

Funding will support job creation and community revitalization through the renovation of derelict infrastructure

Governor Glenn Youngkin today announced over $1.8 million in Industrial Revitalization Funds (IRF) for Rockbridge County and the towns of Pamplin and Tazewell. The three awarded projects will create over 25 jobs and leverage an additional $2.5 million in private investment.