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2014 SESSION

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HB 884 Virginia Infrastructure Grant Fund; established.

Introduced by: David E. Yancey | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Infrastructure Grant Fund established. Creates, from such funds as may be appropriated by the General Assembly and any gifts, grants, or donations from public or private sources, the Virginia Infrastructure Grant Fund, to be administered by the Department of Housing and Community Development. The bill requires the Department to establish criteria for making grants from the Fund, including procedures for determining the amount of a grant and the required local match, if any. The Fund is intended to help localities make investments in roads, bridges, smarter electrical grids, upgraded water and sanitation systems, mass transit systems, clean energy and more energy-efficient buildings, and the provision of broadband.


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