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County staff plans stakeholder meeting on industrial‑revitalization loan for Pruegerville School proposal
Summary
A private applicant seeks an Industrial Revitalization Fund loan to rehabilitate Pruegerville Elementary; staff scheduled a stakeholder meeting with the Industrial Development Authority and state Department of Housing and Community Development to review application mechanics and loan administration options.
Madison County staff said they will meet with stakeholders to clarify an application for the state’s Industrial Revitalization Fund that a private applicant has proposed to use to rehabilitate Pruegerville Elementary School.
The program, administered by the Virginia Department of Housing and Community Development (DHCD), would provide a loan to be…
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