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Block Grant Will Support Vaughan-Bassett Expansion
March 13,
2010 by in UnCategorized 
By Home Furnishings Business in Case Goods on March 14, 2010
Virginia Governor Bob McDonnell announced on Friday the awarding of $300,000 in Community Development Block Grant funds to the City of Galax to support the expansion of the VaughanBassett Furniture Co.
The project will provide for infrastructure improvements to relocate two blocks of South Railroad Avenue to support a 50,000-square-foot expansion of the Vaughan-Bassett's facility.
"I am pleased to see that business is growing and thriving in Galax," McDonnell said. "With the expansion of VaughanBassett Furniture Company by the funds provided through this block grant, 30 new jobs will be created in addition to the 631 jobs already in place. These block grant funds will provide for necessary infrastructure improvements and the installation of highspeed broadband connections necessary for the successful expansion of operations."
The CDBG is a federallyfunded grant administered by the Virginia Department of Housing and Community Development since 1982. Virginia receives up to $19 million annually for this "small cities" CDBG program.