Recently, The City of Lynchburg made important updates to the Real Estate Rehabilitation Program. The new updated version of the program takes effect on January 1, 2018 and will apply to multiple housing units throughout the city. Read below to learn more about changes made as well as details on eligibility.
Five Lynchburg start-ups that completed the City’s first CO.STARTERS program received Community Business Launch grants totaling $40,000 at an awards ceremony on Thursday. Businesses will start or expand their business operations in Lynchburg’s Enterprise Zone 2.
The Lynchburg Office of Economic Development (LOED) and the Lynchburg Economic Development Authority (LEDA) were recently awarded a grant through Governor Terry McAuliffe’s Virginia Community Business Launch Grant program.
Lynchburg is one of only seven localities to receive a $60,000 grant, an investment totaling $420,000 statewide. The program is managed by the Virginia Department of Housing and Community Development and designed to support Lynchburg's growing community of entrepreneurs. The LEDA grant request includes four programmatic components:
This winter, one of the City of Lynchburg's top priority transporation projects will start construction. The Odd Fellows Rd. Interchange update will include:
On Tuesday, October 19th, Gov. Terry McAuliffe announced that Lynchburg was awarded redesignation for its Enterprise Zone. The Governor made the announcement with Secretary of Commerce and Trade Maurice Jones and Mayor Michael Gillette at Ivy Creek Park in Lynchpin Industrial Park in Lynchburg.
Yesterday was an exciting day for the Lynchburg Economic Development Authority - we were awarded a silver medal at the International Economic Development Council's annual conference in Anchorage, Alaska!
The Lynchburg Economic Development Authority is seeking responses to a Request for Proposals for environmental consulting services to be performed under two U.S. Environmental Protection Agency Community-Wide Brownfields Assessment grants. This funding is dedicated to the assessment of sites potentially impacted by hazardous substances and petroleum and will be used to prepare a site inventory and database, conduct Phase I and Phase II Environmental Site Assessments, and conduct clean-up and redevelopment planning and community engagement activities.
The White House recently launched the TechHire initiative to help empower Americans with the technical skills they need to meet urgent employer demands. And, in July, Lynchburg, Virginia was designated as one of the nation's TechHire communities - joining cities like Chattanooga, Denver, Louisville, San Francisco and Detroit.
In February, we mentioned Seven Hills Food in Four Lessons Learned From Successful Redevelopment Projects. The company recently received $690,000 in incentive grants from both local and state officials, including $250,000 from the Governor’s Agriculture and Forestry Industries Development Fund and $250,000 from the Lynchburg Economic Development Authority.