Michael Bor and Chris Bossola aim to create a high-touch, private school-style alumni services and asset management company to help form endowments for U.S. public high schools.
Former CarLotz, Need Supply CEOs launch new startup in Richmond
Nonprofits
Food pantry expanding facility in Colonial Heights
Executive Director Warren Hammonds said the move is driven by the nonprofit’s plans to extend its reach to potentially include Hopewell, Fort Lee and Prince George County based on a request from Feed More.
Nonprofit drug maker to begin manufacturing this year at $140M Petersburg plant
The facility has three manufacturing bays able to fill 90 million medicine vials and make up to 50 million pre-filled syringes annually.
Pending sale of Mayo Island gets $7.5M boost from state grant
The nearly $12 million price tag to reshape the future of Mayo Island just got a lot more manageable for its prospective buyer. The Virginia Department of Conservation and Recreation last week awarded a $7.5 million grant to help fund the purchase of the 15-acre downtown island at 501 S. 14th St. and convert it… Read more »
City awarded $11M grant for Shockoe interpretive center at Main Street Station
The grant from the Mellon Foundation is the biggest award yet through its Monuments Project, which doled out an additional $5 million for five other local projects.
Henrico nonprofit completes $3M campus expansion project
The project ddded a new wing and new amenities to Housing Families First’s facilities at 3900 Nine Mile Road in eastern Henrico County.
The city deeded 15 properties for low-income housing. Only half are buildable, nonprofit says
The Maggie Walker Community Land Trust is seeking to return six of the parcels back to the city, after having spent a $20,000 grant on engineering and legal fees to assess the properties.
Art studio seals deal for return to Manchester with $1.7M buy
The former Dogtown Dance Theatre building will be converted into the permanent home of Studio Two Three, which will relocate from Scott’s Addition.
Housing nonprofit starts construction on small subdivision in South Chesterfield
Ettrick Landing will rise on land that was formerly occupied by the Ettrick Elementary School annex, previously known as Dupuy Elementary.
UMFS sells senior apartment complex near Scott’s Addition for $26M
The deal gives the nonprofit some extra cash to cover the increased costs of its day-to-day operations and construction at its campus.