Grayson awarded $700,000 for Eagle Bottom Housing rehab | Apartment Loan Depot Since 2005 – Fannie Mae and Freddie Mac Multifamily Loans Nationwide

(RECAP: Grayson County was recently awarded a $700,000 Community Development Block Grant in support of the Eagle Bottom Housing Rehabilitation Project, under the 2016 CDBG Competitive Round. The announcement came Sept. 16, in a notification on behalf of Gov. McAuliffe, from the Virginia Department of Housing and Community Development. The “greater” Eagle Bottom area contains a total of 176 houses, including 27 houses along State Route 94 from Fries to the Grayson County line; 48 houses in Eagle Bottom proper; 33 houses along a loop including Winding Road, Barbershop Lane, and Quarry Road; and 48 houses on Stevens Creek Road. The majority of the households are low-to-moderate income, and a significant number of the households are headed by elderly residents on fixed incomes. This area of Grayson County has been in transition since the closing of Washington Mills in Fries, and a number of homes scattered throughout have been abandoned and are in need of repair or demolition.)