[{"_1":2,"_114":-5,"_115":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,74,84,94,104],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":44,"_46":47,"_48":49,"_50":51,"_52":53,"_54":55,"_56":57,"_58":59,"_60":61,"_62":63,"_64":65,"_66":67,"_68":69,"_70":67,"_71":72,"_73":72},"mediaId",6226999,"mediaKeyId","3496723-f2f69914b69e642e533198ae3a9e1f32","parentId",3496723,"title","Twin County Airport asks EDA for $30,000 to leverage FAA grant for hangars; board seeks usage data","audioSeconds",0,"startMs",1813000,"endMs","viewUrl","/Search/View?dp=1&key=3496723-f2f69914b69e642e533198ae3a9e1f32&start=1813&end=1813","thumbnailUrl","https://assets.pipeline.soar.com/3496723-f2f69914b69e642e533198ae3a9e1f32/thumbnail_1813000.jpg","articleUrl","/articles/6226999/Grayson-County/Virginia/Twin-County-Airport-asks-EDA-for-30000-to-leverage-FAA-grant-for-hangars-board-seeks-usage-data","mediaUrl","https://secure.pipeline.soar.com/6226999-1ce3ba3160afc38f3b6e130d11a06796/orig.mp4?Expires=1771034730&Signature=JYkQMrwmxL4dmhFEpl3Lt26pM7FE1ota83PKowjuzA4QldXY9kVOq6YpzHhXYdcUpcM-y4LlkyGZrVbQfI1UsHRmioZIR2-wcMlezGV6-JxpKCcVjhaqRK0-xdTs5BGnrUKV6Cd9weDcZupfBRBT2WbNEaM5LZV3H1m4GZzVptl3zHUaLVCVuKYaE0sK7xegJBM2~p6xaadfK9i~ZKCUB5FbrsdP9aMJrt89DBgQU8q6tBt0JpbaiVDC4zs35rdZ7AxAq1PKuY7t3OFE6M49Tn~JB6cWR2v1Qo5fzm5rpu1ZYbZ9eq7DhtMh223ddZFAWUJsSnO~JsaD6-VmB0HLcw__&Key-Pair-Id=KUT5TJCACFTXG","author","Graysom County, VA","date","2025-05-23T09:19:00Z","article","The EDA heard a written request from the Twin County Airport Commission asking Grayson County to provide $30,000 toward a hangar construction project that officials say would help the airport qualify for a federal FAA grant match to build four larger hangars.

An airport letter read at the meeting said project bids came back at about $871,000 for two larger hangars and approximately $1,000,005.67 for all four units; engineering costs of $87,350 were cited separately. The airport commission described the project as a way to attract corporate aircraft and aviation‑related businesses and asked the EDA to help the local match for FAA funds.

Board members pressed for data showing how the airport benefits Grayson County — who uses the airport, frequency of use and demonstrated local economic impacts — before approving additional county funding. One member said the county had not received sufficient data last year when an earlier request was considered and that the Board of Supervisors had declined an additional request previously because of lack of data.

Staff said they would contact airport representatives (Tom Jones and Michael Lawson were listed as contacts in the airport letter) to obtain usage statistics and other information and would follow up with the EDA and with the Board of Supervisors. No funding decision was made at the meeting.","mediaType","Video","parentTitle","EDA 5/22/2025","oneSentenceSummary","The Twin County Airport Commission requested $30,000 from the EDA to match FAA grant funding for construction of four larger hangars; EDA members asked the airport commission for data on airport usage and economic benefit before deciding.","taxTitle","Grayson County, Virginia","taxId",30990,"location","headline","","shortSummary",{"_33":75,"_35":36,"_37":38,"_39":76,"_41":42,"_43":77,"_45":77,"_46":78,"_48":79,"_50":80,"_52":81,"_54":55,"_56":57,"_58":82,"_60":61,"_62":63,"_64":83,"_66":67,"_68":69,"_70":67,"_71":72,"_73":72},6227002,"EDA to consider allowing developer 'site control' to pursue grants for mixed housing and Head Start site",1365000,"/Search/View?dp=1&key=3496723-f2f69914b69e642e533198ae3a9e1f32&start=1365&end=1365","https://assets.pipeline.soar.com/3496723-f2f69914b69e642e533198ae3a9e1f32/thumbnail_1365000.jpg","/articles/6227002/Grayson-County/Virginia/EDA-to-consider-allowing-developer-site-control-to-pursue-grants-for-mixed-housing-and-Head-Start-site","https://secure.pipeline.soar.com/6227002-7a42546f5a88790ca8a896beff7e5f2c/orig.mp4?Expires=1771034730&Signature=lBuMtmLUaw8sIU0BI~5Xcf9M4QM2ddRWOoZjeTcIi0ZA90ALPxMRqgUgIl-UA4q5E0J9wV64RAweoQEoF895uhGUcR-hCI3QFYUAMXmjLTnsL2CYZ2gP8i-NbvJM4Oxqhab34kQ8hgX7~l-j0GvbCJWQQaIKCP1Y0pnTPkKMC4wwZy9wIr930JLKV0TMc1Fq80JdUIoTSKSA98eGEKWHOk8Qaky9vxJEfftPO0Fa55rwadiCdo~nL4Q7BQUu9DpQ9UEsKFPNq02llLxdBNAr783wVZAxaflfM7O6Lf1So03-gQgaSrnTcVFUIncpBl7iSnYEamdXRG8k1aXuSBW8Ug__&Key-Pair-Id=KUT5TJCACFTXG","The Grayson County EDA discussed a proposal from a developer identified as \"Rooftop\" and partner Jordan Stims Group to pursue grant funding for a multi‑phase development on EDA‑owned land near Route 58. The concept described by staff included a Head Start facility, senior housing and single‑family homes in phased development.

Staff told the board Rooftop seeks site control language that would let the developer pursue grants and demonstrate an owner/developer relationship on grant applications. Board members cautioned that site control must not be overly burdensome for the county and that the EDA should limit legal exposure; they asked staff and counsel to draft terms and an agreement that allow grant applications without transferring ownership or committing county funds in advance.

One board member moved to allow Rooftop to proceed with grant applications and to grant limited site control for that purpose; a second was recorded. The meeting record did not include a full roll call vote in the transcript; staff said formal written agreements and any grant documents would return to the EDA for final approval if awards or commitments were required.

Members also noted that any developer‑led grants would require the developer to show site control as part of state or federal grant applications and that, if grants were won, the EDA would need to see final project plans, budgets and legal documents before authorizing conveyance or county funding.","The EDA discussed granting site‑control permission to Rooftop and its development partner to pursue grant funding for a multi‑phase project that could include Head Start, senior housing and single‑family units on EDA land; board asked staff and counsel to document terms before approvals.",{"_33":85,"_35":36,"_37":38,"_39":86,"_41":42,"_43":87,"_45":87,"_46":88,"_48":89,"_50":90,"_52":91,"_54":55,"_56":57,"_58":92,"_60":61,"_62":63,"_64":93,"_66":67,"_68":69,"_70":67,"_71":72,"_73":72},6227007,"Restaurant owner seeks $50,000 EDA loan; board raises collateral and monitoring concerns",517000,"/Search/View?dp=1&key=3496723-f2f69914b69e642e533198ae3a9e1f32&start=517&end=517","https://assets.pipeline.soar.com/3496723-f2f69914b69e642e533198ae3a9e1f32/thumbnail_517000.jpg","/articles/6227007/Grayson-County/Virginia/Restaurant-owner-seeks-50000-EDA-loan-board-raises-collateral-and-monitoring-concerns","https://secure.pipeline.soar.com/6227007-637bf11925e7b3efb8af4e748c7673c2/orig.mp4?Expires=1771034730&Signature=XO~5RQwjV10U1uL5zglPWOHhSMBhRxxw5S-0d931xIuvzDFJUNHN~hj1HVR3aLCvQSbStCtf~IxCq8fTsyUd1Po9STREF1coGyPLkhuwTCr3yE57ba~6-zJslGozYd250giN1F93G3yB3DZ8vwzw5N6VdtSJ7NKSg1YU81VyWPDUjFwKSlsrovYbqrqZ6oixTEZs8a9aZzx~TdkTWKSYI0dl~IunNnPYk5~D41RAhLUG6kCDSpbKwz7LhN5p42cMPFT8OvhYfx3V5mfIvVh0gMBMSrch1tJi1WIveOU4Qq3xIcSnxZEMsx-Uch6FtnGtjSys7ChABivsCII0BePSSg__&Key-Pair-Id=KUT5TJCACFTXG","Crazing Bridal LLC requested a $50,000 loan from the Grayson County Economic Development Authority, proposing a low interest rate and multi‑year payback with an initial payment deferral. The company’s written request, summarized in the meeting, asked for a 3% interest rate, a seven‑year term and a six‑month delay on initial payments, with a conditional provision to consider forgiving remaining balance if first‑year performance metrics were met.

Board members reviewed the proposal and raised multiple concerns: whether the EDA should provide equipment financing versus a grant, what collateral the applicant could pledge, and how the authority would verify performance metrics tied to any future forgiveness. Several members said restaurant equipment loans typically have 5–6 year useful lives and recommended stronger collateral or real‑estate security before approving a loan in that amount.

Members also suggested the applicant provide clearer financial projections, a basis for expected job creation and a specific collateral package. One board member recommended staff obtain a more detailed business plan and financial statements and to have follow‑up conversations with the applicant; another said the board is not in the restaurant business and expressed reluctance to assume loan risk.

No motion to approve financing was made at the meeting. Instead, the board asked staff to continue discussions with Crazing Bridal LLC, to confirm collateral options and to return with a recommendation and more complete financial documentation.","Crazing Bridal LLC requested a $50,000 low‑interest loan from the EDA for equipment and operations; board members discussed terms, collateral and performance reporting and asked staff to continue discussions rather than take immediate action.",{"_33":95,"_35":36,"_37":38,"_39":96,"_41":42,"_43":97,"_45":97,"_46":98,"_48":99,"_50":100,"_52":101,"_54":55,"_56":57,"_58":102,"_60":61,"_62":63,"_64":103,"_66":67,"_68":69,"_70":67,"_71":72,"_73":72},6227012,"EDA discusses county program to buy abandoned houses, rehab for first‑time buyers",462000,"/Search/View?dp=1&key=3496723-f2f69914b69e642e533198ae3a9e1f32&start=462&end=462","https://assets.pipeline.soar.com/3496723-f2f69914b69e642e533198ae3a9e1f32/thumbnail_462000.jpg","/articles/6227012/Grayson-County/Virginia/EDA-discusses-county-program-to-buy-abandoned-houses-rehab-for-firsttime-buyers","https://secure.pipeline.soar.com/6227012-7e0990dea429ca76e3573587618a0498/orig.mp4?Expires=1771034730&Signature=CBPBvm324QePDD2LnTVonti96kmjZoOs6bf-vCVNKeom3m8Lh-PidE4O~gwK5JohtQA0nkZLRfQGOsWj2X-PxqhVQQCfdJfJXwrlSgcudkEhNJGMvegWboFz-3OifEqb1FikxfY-aIGpAQ2Zi73Y~iYCXrdqECezUkjr34-P5uoG4XllA~HHsOsL4ZIDLHHkOFxLXnkio61RMYxKJLuOPJUscbGzDxyR1ySWnFy-1NOpuUMXkziUTduRhAhegAcPR1foMextxM0bfDa4EjeFAP7nv6YBRcQ1Fnj9CuiX1k3Zgp7d2PRrHQCZ9gvk3c6eF4N6DDmSiCaY3r0dKeDh3w__&Key-Pair-Id=KUT5TJCACFTXG","The Grayson County Economic Development Authority reviewed an initiative — described in the meeting as an ARS program — that would let the county purchase abandoned or vacant houses, use matching funds to renovate them and resell to first‑time homebuyers in Grayson County.

EDA members and staff discussed identifying candidate parcels (several were described as vacant or in disrepair) and the program’s goal of returning properties to the local housing market for long‑term county residents.

Staff described the program as intended to pair county purchase authority with matching dollars to rehabilitate structures for sale to qualified first‑time buyers. Members emphasized that the program would require policy details, including selection criteria for buyers, financing mechanisms and timelines, and noted state funding or other grants might be needed for renovation costs. No vote to adopt policy or allocate funds was recorded.

Several board members volunteered to review potential parcels and suggested staff contact property owners before pursuing formal acquisition. Members also flagged administrative steps — title clearance, possible unpaid taxes, and verification of abandonment — that staff must complete before any purchase could close.

The discussion closed with an instruction for staff to continue identifying suitable parcels and to report back with more specific proposals and cost estimates for board consideration.","Members discussed a county program (referred to as ARS) that would let the county purchase abandoned homes, rehab them with matching funds and sell to first‑time Grayson County buyers; no financing decisions were made at the meeting.",{"_33":105,"_35":36,"_37":38,"_39":106,"_41":42,"_43":107,"_45":107,"_46":108,"_48":109,"_50":110,"_52":111,"_54":55,"_56":57,"_58":112,"_60":61,"_62":63,"_64":113,"_66":67,"_68":69,"_70":67,"_71":72,"_73":72},6227017,"Grayson County EDA accepts Baywood School property for redevelopment",2463000,"/Search/View?dp=1&key=3496723-f2f69914b69e642e533198ae3a9e1f32&start=2463&end=2463","https://assets.pipeline.soar.com/3496723-f2f69914b69e642e533198ae3a9e1f32/thumbnail_2463000.jpg","/articles/6227017/Grayson-County/Virginia/Grayson-County-EDA-accepts-Baywood-School-property-for-redevelopment","https://secure.pipeline.soar.com/6227017-bd6d5390dcf8e5a2275f95a06ba3d8bc/orig.mp4?Expires=1771034730&Signature=hE1bxG-8CUjHcfESYvtt5HaKxpQVyLz9eKWCJQpZAOEmYGYiZg~eazYXaLmidUMlNO-1f14b1U9p9wGhkyV1oXq8LH4cG3xQ2OyZ3ClF4bbFpDHvvsgYUQBc6m6jccOoF5U-mkcnCineZ~eGShSkNu5pbGjpigtWKQYxvqfcWPBVn0~bWnfxmPZ8~~6zgxl3gAogbzg4Ofg6Blpm9yHQfcAWc995Od1jWvTQa1zFHeYf6AGAT8W3mRLDD3gtFXP~c5wAzg-pb9Nv5W4plvRGveliDubQXt75Yf22-uK~jjFuQqW8RZ~-6GiLi0BpIOvz5uvG09aAdcd5ISrfQS58rw__&Key-Pair-Id=KUT5TJCACFTXG","The Grayson County Economic Development Authority voted to accept transfer of the Baywood School property from the Board of Supervisors to the EDA, a step the authority said will allow redevelopment planning to move forward.

EDA members said the school property was intended to be in the EDA’s ownership and that staff and an outside for‑profit development partner will pursue rehabilitation and reuse plans. A board member moved to accept the transfer, a second was recorded and the meeting recorded an \"Aye\" vote.

Board members said state funding will likely be required for some aspects of redevelopment and that the EDA will work with a development partner on options. The EDA did not authorize specific contracts or expenditures at the meeting; members said detailed plans and funding requests will return to the EDA for later approval.

The item followed presentations about other EDA-owned properties and development opportunities that the authority is trying to advance through grant applications and private partnerships. Staff signaled they will coordinate next steps with the EDA chair and with any prospective developers.

The transfer places title with the EDA so the authority can pursue site control for grant applications and redevelopment work, but the EDA did not pledge construction funds at this meeting.","The Grayson County Economic Development Authority voted to accept transfer of the Baywood School property from the county to allow development planning and eventual reuse.","actionData","errors"]

Article not found

Twin County Airport asks EDA for $30,000 to leverage FAA grant for hangars; board seeks usage data

EDA to consider allowing developer 'site control' to pursue grants for mixed housing and Head Start site

Restaurant owner seeks $50,000 EDA loan; board raises collateral and monitoring concerns

EDA discusses county program to buy abandoned houses, rehab for first‑time buyers

Grayson County EDA accepts Baywood School property for redevelopment