Government

Nearly half of city EDA pandemic loan funding is spoken for

A local ice cream shop, an outdoor recreation company and a coffee roaster are among the initial recipients of the city’s Richmond Small Business Disaster Loan Program, which still has about $500,000 of funds remaining to be awarded.

City slashes fiscal plan 5 percent amid downturn

Following suit with neighboring county governments, the City of Richmond is tweaking its previously proposed budget for next fiscal year in response to the coronavirus, reducing revenue projections and expenditures by about 5 percent based on anticipated economic impacts from the pandemic.