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.

Richmond ends cash payments on Redskins training facility

As the Washington Redskins come to the end of their training camp contract in Richmond, the team and the city are doing away with a controversial provision of the deal. EDA has agreed to let the latter back away from the last of its previously agreed-upon local cash contributions.