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FINANCIAL_SERVICESPENDING

Fredericksburg Economic Development Authority Agenda May 2026

EDA considers housing fund with community foundation

$30,000City of FredericksburgCOMMUNITY FOUNDATION OF THE RAPPAHANNOCK RIVER REGIONMay 9, 2026

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Description

The Fredericksburg Economic Development Authority is considering a $30,000 allocation to the Community Foundation of the Rappahannock River Region to establish the Serve and Stay – Fredericksburg Fund. The fund will provide targeted, one-time housing assistance for City and school employees living in ZIP code 22401, with a public launch anticipated in Fall 2026.

Contract Details

Contract Amount

$30,000

Vendor

COMMUNITY FOUNDATION OF THE RAPPAHANNOCK RIVER REGION

Agency

City of Fredericksburg, VA

Contract Type

FINANCIAL_SERVICES

Document Date

May 9, 2026

Contract Term

Fund establishment in 2026; program launch planned for Fall 2026

Renewal Info

One-time initial allocation to establish a donor-advised or designated fund; future contributions are anticipated from private and institutional partners but are not yet specified as renewals.

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