American Rescue Plan

ARPA FUNDING SCENARIO

Selected Projects

Investments in Affordable Housing

Affordable Housing Fund

Investing in affordable housing emerged as one of the highest priorities in the community survey. The Town plans to allocate $4,000,000 to establish an Affordable Housing Fund that will be dispersed in the form of grants (through an application process) to housing developers willing to produce permanently affordable housing as part of new residential development projects.

Support and Services for Our Most Vulnerable Residents

Food Security

The Town plans to invest $750,000 of its ARPA funds to support food assistance to Blacksburg residents through these community organizations: Blacksburg Interfaith Food pantry, Live Work Eat Grow, Montgomery County Christmas Store, and YMCA Meals on Main. Funds will be used to purchase food, prepare fresh meals, and provide cold storage to support the distribution of food to clients in need. This group of organizations will also focus on increasing program coordination to address any redundancy, increase efficiency, and fill gaps in service.

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