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ECONOMICS


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Study shows New River Community Collegeโ€™s economic impact

Read full article: Study shows New River Community Collegeโ€™s economic impact

A recent study conducted by New River Community College shows the school contributed more than $121,000,000 to the community in 2022.

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Roanoke City Council meets to discuss budget plans for upcoming fiscal year

Read full article: Roanoke City Council meets to discuss budget plans for upcoming fiscal year

Increasing pay for workers in the Star City is a big focus for Roanoke leaders in the upcoming fiscal year.

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Virginia lawmakers look to raise minimum wage

Read full article: Virginia lawmakers look to raise minimum wage

Virginia lawmakers are looking to raise the minimum wage to $13.50 starting in 2025 and $15.00 in 2026.

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Radford University brings millions of dollars to the Commonwealth

Read full article: Radford University brings millions of dollars to the Commonwealth

Radford University contributes millions of dollars to the Commonwealth according to a new economic impact study.

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Roanoke County leaders celebrate year of economic growth in 2023 State of the County Address

Read full article: Roanoke County leaders celebrate year of economic growth in 2023 State of the County Address

Roanoke County is celebrating a year full of economic growth and development.

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Evans Spring development could bring $2.9B economic impact, consultants say

Read full article: Evans Spring development could bring $2.9B economic impact, consultants say

Consultants believe their new concept plan could have an overall $ 2.9-billion economic impact.

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Virginia Tech economic expert weighs in on inflation

Read full article: Virginia Tech economic expert weighs in on inflation

The most recent consumer price index report shows that inflation has leveled out from August to September at 3.7%.

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Consumer Reports | How to save on manufactured home, tiny home insurance

Read full article: Consumer Reports | How to save on manufactured home, tiny home insurance

Thereโ€™s no doubt manufactured and tiny homes are significantly cheaper than traditional homes, but thereโ€™s often a surprise after the purchase: insurance can cost twice as much. 10 News is working for you to reveal ways to get a lower premium.

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Wells Fargo to become largest employer in Roanoke County with $87M customer support center expansion

Read full article: Wells Fargo to become largest employer in Roanoke County with $87M customer support center expansion

Gov. Glenn Youngkin announced on Tuesday that Wells Fargo is set to invest $87 million to modernize and expand its customer support center in Roanoke County.

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Senator Mark Warner visits Pulaski County to talk home development

Read full article: Senator Mark Warner visits Pulaski County to talk home development

Senator Mark Warner wants more people in rural communities to be able to purchase homes.

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Virginia Consumer Sentiment and Inflation Expectations Report released

Read full article: Virginia Consumer Sentiment and Inflation Expectations Report released

The Virginia Consumer Sentiment and Inflation Expectations Report was released on Tuesday.

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WATCH LIVE: Pres. Biden delivers remarks on Bidenomics

Read full article: WATCH LIVE: Pres. Biden delivers remarks on Bidenomics

President Biden is slated to deliver remarks at 1 p.m. on the impact of Bidenomics on the economy.

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WATCH: Pres. Biden delivers remarks on โ€˜Bidenomicsโ€™

Read full article: WATCH: Pres. Biden delivers remarks on โ€˜Bidenomicsโ€™

President Biden delivered remarks on "Bidenomics" and spurring manufacturing investments and jobs.

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Danville leaders looking to expand with Caesars Casino

Read full article: Danville leaders looking to expand with Caesars Casino

Danville leaders are seeing big opportunity with the new Caesars Casino opening next year.

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WATCH LIVE: Biden set to discuss economic agenda

Read full article: WATCH LIVE: Biden set to discuss economic agenda

President Joe Biden will be visiting Minnesota to discuss his economic agenda.

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Why financial experts believe the most recent interest rate hike is a good sign

Read full article: Why financial experts believe the most recent interest rate hike is a good sign

Financial experts believe the fact that the most recent interest rate hike was smaller than previous ones, it could mean The Fed is nearing the end of the cycle of rising interest rates.

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Hereโ€™s how the U.S. reaching its debt ceiling could affect you

Read full article: Hereโ€™s how the U.S. reaching its debt ceiling could affect you

One financial expert says Congress could decide to raise taxes, suspend federal pensions or layoff non-essential federal employees.

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Major development proposed for Southeast Roanoke

Read full article: Major development proposed for Southeast Roanoke

A new project that will turn the former Viscose plant in Southeast Roanoke into a major development was announced during the Tuesday night City Council meeting.

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Gov. Youngkin announces millions in grants for industrial sites across Virginia

Read full article: Gov. Youngkin announces millions in grants for industrial sites across Virginia

Governor Glenn Youngkin has announced $90 million in development grants for 21 different industrial sites across the state, some of which are in our region.

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Virginia businesses turn to electric vehicles

Read full article: Virginia businesses turn to electric vehicles

More businesses in the New River Valley and the Roanoke Valley are starting to use electric vehicles instead of gas vehicles.

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Roanoke property values are up 10%, officials say

Read full article: Roanoke property values are up 10%, officials say

It is projected that the increased property value will bring in $112 million in tax revenue for the Star City.

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Governor Youngkin discusses tax relief, investments for Virginia

Read full article: Governor Youngkin discusses tax relief, investments for Virginia

On Thursday afternoon at Carter Machinery in Salem, Youngkin discussed his goals for the Commonwealth.

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Virginiaโ€™s minimum wage set to increase in 2023

Read full article: Virginiaโ€™s minimum wage set to increase in 2023

On January 1, the minimum wage will increase from $11 to $12.

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Taxes on Virginia grocery sales ends Jan. 1

Read full article: Taxes on Virginia grocery sales ends Jan. 1

Virginiaโ€™s current 1.5% sales tax on groceries and personal hygiene products will end on Sunday, Jan. 1, according to a budget amendment.

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What would a recession look like? Local experts weigh in on potential recession in 2023

Read full article: What would a recession look like? Local experts weigh in on potential recession in 2023

In an attempt to cool the U.S. economy, the Federal Reserve raised interest rates again this week, with no signs of relief until 2024. On Friday, inflation clocked in at 7.1 percent.

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Kroger offering 4x fuel points deal on Dec. 16, Dec. 30

Read full article: Kroger offering 4x fuel points deal on Dec. 16, Dec. 30

Kroger customers looking to get a little extra bang for their buck this holiday travel season are in luck.

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Lynchburg City Schools proposes pay increase for teachers, school staff

Read full article: Lynchburg City Schools proposes pay increase for teachers, school staff

LCS is proposing pay increases for teachers and staff in next yearโ€™s budget.

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Montgomery County property value reassessments โ€˜shockโ€™ residents with an average 30% increase

Read full article: Montgomery County property value reassessments โ€˜shockโ€™ residents with an average 30% increase

Many people who own property in Montgomery County are voicing their concerns after property value reassessments were mailed out, something that could potentially raise taxes next year.

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Appomattox manufacturing company creates 130 new jobs in former Thomasville Furniture plant

Read full article: Appomattox manufacturing company creates 130 new jobs in former Thomasville Furniture plant

The whirring of machines and clanging of metal is sparking new life in Appomattox.

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Gas prices drop, inflation still impacting families in Southwest, Central Virginia

Read full article: Gas prices drop, inflation still impacting families in Southwest, Central Virginia

Gas prices are dropping in the Commonwealth, but some families are still struggling to make ends meet due to inflation.

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WATCH LIVE: Biden delivers remarks on the economy, tours CHIPS facility

Read full article: WATCH LIVE: Biden delivers remarks on the economy, tours CHIPS facility

President Biden arrives in Michigan, where he will tour a CHIPS facility at 1435 and deliver remarks on the economy

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Find Your Money comes to an end with nearly $50,000 found

Read full article: Find Your Money comes to an end with nearly $50,000 found

10 News viewers are nearly $50,000 richer now that Find Your Money has come and gone.

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Bedford County extends property tax deadline to January 1, 2023

Read full article: Bedford County extends property tax deadline to January 1, 2023

In Bedford County, that tax is $2.35 per every $100 of the assessed value of your property, like your car.

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Find Your Money phone lines open

Read full article: Find Your Money phone lines open

Our phone lines are now open for the Find Your Money phone bank.

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WATCH: Biden delivers remarks on student debt relief

Read full article: WATCH: Biden delivers remarks on student debt relief

President Biden went to Albuquerque, New Mexico to deliver remarks on student debt relief.

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Find Your Money phone bank returns

Read full article: Find Your Money phone bank returns

Itโ€™s a chance to get some extra cash. One in four Virginians have misplaced money or valuables in the Virgnia Treasury Department, and weโ€™re working for you to help you find it.

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Virginiaโ€™s individual income tax filing extension deadline set for Nov. 1

Read full article: Virginiaโ€™s individual income tax filing extension deadline set for Nov. 1

Virginia Tax is reminding taxpayers that the individual income tax filing extension deadline is days away on Nov. 1.

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A step-by-step guide to apply for federal student loan forgiveness

Read full article: A step-by-step guide to apply for federal student loan forgiveness

10 News is working for you to break down everything you need to know about the application process.

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Roanoke extends deadline for small businesses to apply for ARPA grants

Read full article: Roanoke extends deadline for small businesses to apply for ARPA grants

Roanoke's Office of Economic Development says there is still opportunities for another 40 businesses to receive ARPA funding.

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Vinton welcomes new restaurant in former Star City Playhouse building

Read full article: Vinton welcomes new restaurant in former Star City Playhouse building

The new restaurant called Pollard 107 South is expected to open early next year.

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Gov. Glenn Youngkin celebrates $28.8 million manufacturing center in Danville

Read full article: Gov. Glenn Youngkin celebrates $28.8 million manufacturing center in Danville

Millions of dollars are being invested in Southside in the form of a new manufacturing center, part of which will be home to the US Navy.

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Lee Theater Lofts offer affordable housing in the Star City

Read full article: Lee Theater Lofts offer affordable housing in the Star City

After receiving more than 700 applications, the lofts are fully rented, with a good mix of young professionals and people who are retired.

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How Hurricane Ian could impact gas prices in Virginia

Read full article: How Hurricane Ian could impact gas prices in Virginia

Despite the storm coming to shore in Florida, there could be effects as it moves up the East coast.

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Carilion Clinic to introduce program for students who struggle with managing emotions, behavior

Read full article: Carilion Clinic to introduce program for students who struggle with managing emotions, behavior

Carilion Clinic in Roanoke is set to receive $230,000 as part of the donation, which UnitedHealthcare said theyโ€™ll use to introduce the Calm and Safe Classrooms counseling program.

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Bills or meals: High grocery costs continue to impact families in Southwest Virginia

Read full article: Bills or meals: High grocery costs continue to impact families in Southwest Virginia

Whether itโ€™s dinner for one or youโ€™re feeding a family of six, the cost of groceries is hitting families hard, forcing them to make changes.

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Roanoke Rescue Mission installs new LED lights

Read full article: Roanoke Rescue Mission installs new LED lights

The new lights offer lower maintenance and substantially lower electricity costs.

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Congress back in session, working to avoid potential shutdown

Read full article: Congress back in session, working to avoid potential shutdown

Federal funding ends on September 30, which means Congress must pass a spending bill by then to avoid a shutdown.

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Legal battle over Buena Vista golf course ends

Read full article: Legal battle over Buena Vista golf course ends

The nearly twenty-year battle over the golf course in Buena Vista is over โ€“ Vista Links has been purchased by a developer out of Richmond.

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Bank of America offers zero down payment, zero closing costs to first-time homebuyers

Read full article: Bank of America offers zero down payment, zero closing costs to first-time homebuyers

Bank of America is presenting a special offer of a zero down payment and zero closing cost to first-time homebuyers in designated markets, NBC News reports.

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Explaining student loan forgiveness: Local expert answers common questions

Read full article: Explaining student loan forgiveness: Local expert answers common questions

President Bidenโ€™s announcement of student debt forgiveness on Wednesday left some Americans wondering, โ€œWho is it really helping?โ€

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Are you eligible for this one-time tax rebate?

Read full article: Are you eligible for this one-time tax rebate?

This fall, some Virginians may be getting some extra money in their pockets, thanks to this one-time tax rebate.

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Could you see an impact from the Inflation Reduction Act?

Read full article: Could you see an impact from the Inflation Reduction Act?

The legislation is heading towards President Joe Bidenโ€™s desk, so what could this mean for your wallet?

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Blacksburg launches $4M program for affordable housing

Read full article: Blacksburg launches $4M program for affordable housing

On Monday, the Town of Blacksburg announced the Affordable Housing Development Fund to combat the growing deficit of all housing types, especially those available to low to moderate-income households.

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Potential impact of Inflation Reduction Act

Read full article: Potential impact of Inflation Reduction Act

10 News political analyst, Edward Lynch explains how the name, Inflation Reduction Act could be misleading as the bill makes no promises to reduce inflation for Americans anytime soon.

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Governor Youngkin announces details of Virginiaโ€™s Tax-Free Weekend

Read full article: Governor Youngkin announces details of Virginiaโ€™s Tax-Free Weekend

On Thursday, Governor Youngkin announced that select items will be free of sales tax from 12:01 a.m. on Friday to 11:59 p.m. on Sunday.

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Lynchburg economics professor explains how the Fed interest rate hike could impact you

Read full article: Lynchburg economics professor explains how the Fed interest rate hike could impact you

University of Lynchburg economics professor, Gerald Prante, said this most recent interest rate hike is expected to slow the economy down.

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Roanoke area experts share how you can cut down on your A/C costs

Read full article: Roanoke area experts share how you can cut down on your A/C costs

When itโ€™s sizzling outside, you might be quick to turn up the A/C, but that could mean a hefty bill coming your way.

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Governor Youngkin announces tourism programs to boost economies across Virginia

Read full article: Governor Youngkin announces tourism programs to boost economies across Virginia

On Monday, the Office of Governor Younkin announced that 27 Virginia communities launched new tourism programs to boost area economies, and at the end of implementation, the communities will also receive a $10,000 grant to assist with future plan development.

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Virginia lawmakers offer support to Buchanan County

Read full article: Virginia lawmakers offer support to Buchanan County

Weโ€™re told that Virginia Senators Mark Warner and Tim Kaine will support a request for federal assistance once a request is made by the governor.

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Virginia named third in CNBCโ€™s nationwide business ranking, a drop from last yearโ€™s first

Read full article: Virginia named third in CNBCโ€™s nationwide business ranking, a drop from last yearโ€™s first

Virginia was named CNBCโ€™s โ€œTop State for Businessโ€ in 2007, 2009, 2011, 2019, and 2022 according to the Associated Press, but this yearโ€™s rankings left Virginia in third, a drop from the previous years of coming out on top.

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Big Spring Mill, Inc. closes its doors after 172 years of business

Read full article: Big Spring Mill, Inc. closes its doors after 172 years of business

Big Spring Mill, Inc., widely known for its seasoned flour, will close its doors for the last time in August, Bob Long with Big Spring Mill, Inc. said.

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Drivers flock to 76 Gas station to get gas for $0.76 a gallon

Read full article: Drivers flock to 76 Gas station to get gas for $0.76 a gallon

The promotion was part of the storeโ€™s Customer Appreciation Day for July 6. They also offered other discounts in the store.

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SAVE ON GAS: Sheetz drops prices on Unleaded 88 & E85

Read full article: SAVE ON GAS: Sheetz drops prices on Unleaded 88 & E85

Sheetz announced Monday that they were lowering prices on gas for the 4th of July holiday weekend.

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Virginia Governor signs new state budget, provides tax relief

Read full article: Virginia Governor signs new state budget, provides tax relief

Virginia Governor Glenn Youngkin followed through on promises for tax relief in the Commonwealthโ€™s latest budget.

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Virginia drivers hoping for relief after gas tax holiday fails in senate

Read full article: Virginia drivers hoping for relief after gas tax holiday fails in senate

The holiday would have saved drivers 26 cents per gallon at the pump.

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Gov. Youngkin announces increase in Virginia employment rate

Read full article: Gov. Youngkin announces increase in Virginia employment rate

On Friday, Governor Glenn Youngkin announced that employment went up to more than 4.2 million workers in May 2022.

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Lakeside Drive Bridge in Lynchburg opens after over two years of construction

Read full article: Lakeside Drive Bridge in Lynchburg opens after over two years of construction

The opening of the new Lynchburg bridge marks the end of phase one, which has been in the works for more than two years.

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Franklin County School Board agrees to new retention bonuses

Read full article: Franklin County School Board agrees to new retention bonuses

A big reason why people are walking out the door at Franklin County schools is their low salaries.

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Roanoke area food trucks feel pressure from rise in food, gas prices

Read full article: Roanoke area food trucks feel pressure from rise in food, gas prices

Higher food costs and gas prices are putting pressure on local food truck businesses.

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Virginia Senate has mixed reactions to Governorโ€™s proposed gas tax holiday

Read full article: Virginia Senate has mixed reactions to Governorโ€™s proposed gas tax holiday

Relief at the pump is the goal for one of Gov. Glenn Youngkinโ€™s 38 amendments to Virginiaโ€™s two-year state budget. Heโ€™s still pushing for a three month gas tax holiday.

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Lynchburg Regional Business Alliance presents master redevelopment plan for the old Central Virginia Training Center

Read full article: Lynchburg Regional Business Alliance presents master redevelopment plan for the old Central Virginia Training Center

The Central Virginia Training Center closed its doors in 2020. The state-owned facility was the countyโ€™s largest employer with 1,600 jobs and generated $87 million in annual activity.

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Local officials ask publicโ€™s input to revitalize Central Virginia Training Center

Read full article: Local officials ask publicโ€™s input to revitalize Central Virginia Training Center

AMHERST COUNTY, Va. โ€“ With nearly 350 acres in Amherst County, the Central Virginia Training Center is currently vacant, but you can voice your opinion on what should happen to it through a new website. โ€œA lot of people have great ideas, and thatโ€™s the point of this process,โ€ said Jeremy Bryant, director of planning and zoning for Amherst County. The tool was part of the plan unveiled Oct. 1 by the Lynchburg Regional Business Alliance and Central Virginia District Commission. The training center was dedicated to serving people with developmental disabilities. โ€œFolks have been very touched by the Central Virginia Training Center in so many different ways, and I think thereโ€™s a lot of hunger for change to see that property really revitalized,โ€ said Victoria Hanson, executive director of Amherst County Economic Development Authority.

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