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Chief Patron: Landes
Item 110 #10h
Co-Patron(s): Abbitt, Bowling, Marshall D., Merricks, Nutter, Phillips, Poindexter, Scott, J.M.

Commerce And Trade
FY 08-09
FY 09-10
Department Of Housing And Community Development
$235,000
$140,000
GF

Language:
Page 92, line 22, strike "$49,190,566" and insert "$49,425,566".
Page 92, line 22, strike "$47,878,913" and insert "$48,018,913".
Page 94, line 24, after "F.", insert "1."
Page 94, after line 30, insert:
"2. Out of the amounts in this item shall be provided $235,000 in the first year and $140,000 in the second year from the general fund to the Center for Rural Virginia to match private and nonprofit funds which will be used to invest in technology and training to improve operational capacity of Community Foundations in under-funded rural communities."

Explanation:
(This amendment provides $235,000 in the first year and $140,000 in the second year from the general fund to match $200,000 of private funds to invest in technology and training to improve operational capacity of Community Foundations in under-funded rural communities. The private funds are contingent upon receipt of state funding support. This collaborative initiative and partnership of the public, private and non-profits will enhance the opportunity for additional national foundation funds in subsequent years.)

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