CODE OF VIRGINIA LOANS AND GRANTS FOR REGIONAL PROJECTS, ETC (ยง 10.1-603.35) In approving loans and grants, the Department shall give preference to loans and grants for projects that will utilize private industry in the operation and maintenance of such projects where a material savings in cost can be shown over public operation and maintenance; will serve two or more local governments to encourage regional cooperation; or both. HISTORY: 2022, cc. 739, 782.