Governor Glenn Youngkin recently announced that Rockbridge County will receive $1 million in Industrial Revitalization Funds (IRF) for the Stillwater Revitalization Project. The funding will support job creation and community revitalization through the renovation of the former Stillwater Worsted Mills textile plant building in Goshen. The project will convert the structure to a museum, a preservation workshop, and a forest-to-finish wood manufacturing factory focused on the construction of log cabin tiny homes.
The CSPDC was instrumental in the preparation of the successful IRF application.
The IRF program makes use of public and private resources to facilitate the renovation and reuse of abandoned and dilapidated industrial and commercial properties. Designed to help communities rehabilitate buildings that are a physical and economic blight to the surrounding area, the funds are awarded based on degree of blight, obstacles to economic development, alignment with local or regional strategies, availability of matching resources, community distress with the location, and an identified and feasible end use.
Read the full press release HERE.