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Local Governments May Soon Finance Affordable Housing Through VRA
On March 23, Governor Glenn Youngkin approved legislation to add affordable housing to the list of project areas that local governments may finance through VRA. HB1805 (Bloxom) and SB1401 (Lewis) were sponsored to provide another “tool in the toolbelt” for local governments to address housing affordability. The legislation becomes effective July 1. Existing project areas are…
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VRA Receives GFOA Recognition
The Government Finance Officers Association (GFOA) has awarded the Certificate of Achievement for Excellence in Financial Reporting to VRA for its annual comprehensive financial report for the fiscal year ended June 30, 2022. The report has been judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive…
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Welcome to New Board Appointee Maria Tedesco!
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Virginia Projects Nationally Recognized
City of Richmond was recognized with the Environmental Protection Agency’s (EPA’s) AQUARIUS award for excellence in creative solutions. The City won the award for Phase II of its Lead Service Line Replacement Project, which is an ambitious project to replace legacy drinking water pipes. The AQUARIUS awards recognize projects funded in part by the Drinking…
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Board Highlight: Mike Rolband
Governor Glenn Youngkin appointed Mike Rolband as the Director of the Virginia Department of Environmental Quality (DEQ) in January 2022. By statute, the Director of DEQ serves as an ex-officio member of VRA’s Board of Directors. Rolband serves on the Compliance and Portfolio Risk Management Committees of the Board. Rolband started his career in the construction…
