To authorize the Chief Administrative Officer, for and on behalf of the City of Richmond, to accept funds in the amount of $150,000.00 from the Commonwealth of Virginia, and to amend the Fiscal Year 2025-2026 Special Fund Budget by creating a new special fund for the Department of Economic Development entitled “Capital Access Special Fund” and appropriating the increase to the Department of Economic Development’s “Capital Access Special Fund” by $150,000.00 for the purpose of providing funding to the Metropolitan Business League and Bridging Virginia for the Capital Access Program.

Committee

City Council

Introduced

October 10, 2025

On agenda

January 26, 2026

Passed

February 9, 2026

Where it was heard

City Council Feb 9, 2026 adopted Pass City Council Jan 26, 2026 Finance and Economic Development Standing Committee Jan 21, 2026 recommended for approval City Council Jan 12, 2026 introduced and referred