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EDA approves $14,186 payment from United Way donations to reimburse hurricane recovery materials
Summary
The Montgomery County EDA approved a $14,186.24 reimbursement to New River Building Supply under a memorandum of understanding with United Way of Southwest Virginia to support one owner‑occupied home’s Hurricane Helene recovery; the funds come from a $19,000 donation pool and remaining funds will stay in the EDA account for future eligible requests.
The Montgomery County Economic Development Authority voted to approve a reimbursement of $14,186.24 to New River Building Supply after a staff presentation on a memorandum of understanding with the United Way of Southwest Virginia.
Speaker 2, the staff presenter identified in the transcript, said the MOU governs private donations collected after Hurricane Helene and allows the EDA to pass funds through to contractors or suppliers rather than to individual…
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