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Fredericksburg awarded USDA grant; county reviews $10,000 job-creation incentive
Summary
Fredericksburg Economic Development representatives said they received a USDA locker grant worth roughly $855,000 for a roughly $2.8 million project and requested a $10,000 county incentive tied to creating 10 jobs. Supervisors debated whether the incentive period should start when the business opens and whether payouts should be conditioned on proof of hires.
Representatives from the Fredericksburg Economic Development Corporation told the board they were awarded a USDA locker grant and estimated the grant at about $855,000 (about 30% of the roughly $2.8 million project). They requested a $10,000 county incentive structured as $1,000 per job…
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