Henrico approved for economic injury disaster loans

The Virginia Department of Agriculture and Consumer Services recently approved economic assistance for businesses in Henrico County, as well as 15 other localities, that experienced damage due to drought and excessive heat from May 25 to Aug. 27, 2011. The economic injury disaster loans are provided by the U.S. Small Business Administration (SBA) and are available to eligible farm-related and non-farm-related entities that suffered financial losses as a direct result of this disaster. With the exception of aquaculture and nursery enterprises, agricultural producers, farmers and ranchers are not eligible to apply to SBA for economic injury disaster loans for losses caused by drought conditions.

The loan amount can be up to $2 million with interest rates of three percent for private nonprofit organizations of all sizes and four percent for small businesses, with terms up to 30 years. The SBA determines eligibility based on the size of the applicant, type of activity and its financial resources. Loan amounts and terms are set by the SBA and are based on each applicant’s financial condition. These working capital loans may be used to pay fixed debts, payroll, accounts payable and other bills that could have been paid had the disaster not occurred. The loans are not intended to replace lost sales or profits.

Disaster loan information and application forms may be obtained by calling the SBA’s Customer Service Center at 800-659-2955, sending an email to .(JavaScript must be enabled to view this email address) or by visiting http://www.disasterloan.sba.gov/ela. Completed loan applications must be submitted by Aug. 13, 2012.
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State Police urge motorists to #MoveOver during Memorial Day weekend

Memorial Day signifies the official start of summer, and Virginia State Police officials are urging motorists to "do what’s right when they see lights" and move over.

The “Move Over” law is a lifesaving law intended to protect public safety professionals and highway workers who help to maintain the safety of the Commonwealth’s roads. State Police are using the #MoveOver hashtag on social media to promote the law. > Read more.

Henrico to hold June 8 open house on Route 5 Corridor/Marion Hill study

The Henrico County Planning Department will hold an open house Thursday, June 8 for residents and other members of the public to provide input for a study of the Route 5 Corridor/Marion Hill areas.

The open house will be held from 4:30 to 7:30 p.m. at the Varina Area Library, 1875 New Market Road. The meeting’s informal structure will allow the public to attend at their convenience and to ask questions and discuss the study one on one with Planning staff. > Read more.

Henrico real estate staying strong despite low inventory

The Henrico real estate market has been relatively strong for the past month, despite a lower amount of inventory, according to data from Long and Foster Real Estate.

In the past month, 408 homes have been sold in Henrico, which is 2 percent less than were sold in the same timeframe in 2016.

Last year the median sale prices for Henrico homes was $219,975, whereas this month it's up to $232,500, a 6 percent increase. Which means half of the homes in Henrico are priced above $232,500 and half are priced below. > Read more.

Smither named director of Henrico’s Department of Finance

Henrico County Manager John A. Vithoulkas has appointed Edward N. “Ned” Smither Jr. to serve as director of the Department of Finance, effective July 1.

Smither has served Henrico since 2013 as director of the Accounting Division in Finance. He will succeed Eugene H. Walter, who has delayed his retirement until June 30 to ensure an orderly transition within the department.
> Read more.

State honors EMS officials this week

There were nearly 1.5 million emergency medical services calls and 4,063 incidents per day in Virginia just last year.

This week, May 21-27, declared as National EMS week by Gov. Terry McAuliffe, recognizes the more than 34,000 EMS personnel and 631 agencies in the state and commends their efforts and commitment to Commonwealth citizens.
> Read more.

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SingleStone Consulting will host its first annual Cornhole for a Cause charity cornhole tournament at 4 p.m. at 4101 Cox Rd. All proceeds will benefit Greater Richmond SCAN (Stop Child Abuse Now). Non-refundable entry fee is $50 per team through Apr. 30 and $75 per team through May 18; fee covers admission for both players, two t-shirts and six drink tickets. Boards and bags are provided. Cash prizes will be awarded to winning teams. Spectator admission is free. There will be food, drinks and music all evening. Registration begins at 3 p.m. For details, visit http://tinyurl.com/singlestone-cornhole. Full text

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