Newsletter

New Report Outlines COVID-19 Economic Recovery Problems and Potential Solutions

A consultant hired by Fairfax County has rounded up some thoughts from regional government, business and non-profit leaders on what was hit most by the pandemic and where the most help is needed.

The feedback is one of the first steps on HR&A’s task of building an Economic Recovery Framework, a recovery strategy commissioned by Fairfax County and the Fairfax County Economic Development Authority.

“This strategy will guide the County through stabilization and outline recommendations for fostering an equitable, inclusive recovery,” HR&A said in a report on the preliminary findings of their study.

In the initial findings, county and civic leaders highlighted the disproportionate impact of the virus on Latino and immigrant populations in Fairfax. The pandemic has also affected access to housing, with lost jobs leaving families without the ability to pay rent.

“Continue to invest in programs that support economic mobility and enrich residents’ lives (job training, continuing education, disability support resources) despite budget shortfalls,” said one unnamed County leader sourced in the findings.

Meanwhile, non-profit and health service providers said their capacity has been under-strain and expect further fundraising challenges in the upcoming year. Suggested solutions mainly involved streamlining services and trying to find efficiencies.

Major employers in the region, meanwhile, said decisions about real estate investments are being deferred until more certainty can be stablished, balanced only by hopes for a more efficient permitting process and a doubling down on tourism and leisure investments.

Smaller employers said they are still struggling with a lack of consumer confidence in returning to businesses and negative impacts have rippled along the supply chain. Many small businesses in the area are still focused on survival. Proposed solutions included more clear safety guidelines, streamlined online permitting, and rent deferment for small businesses.

More analysis of potential recovery scenarios is currently in the works, with a final report being drafted after that.

Staff photo by Jay Westcott

Recent Stories

The McLean Community Center has some notable names lined up for an upcoming panel to celebrate Black History Month, which has been recognized every February since 1976. Announced in a…

More snow is on the way to Fairfax County, though Northern Virginia isn’t expected to see the worst of this storm. The National Weather Service has issued a Winter Weather…

Fairfax County is working on ways to ensure that consistent and fair wages are linked to public construction contracts. At a board meeting on Tuesday (Jan. 25), the Fairfax County…

The national chain Kura Sushi is bringing a sushi bar to Tysons, its first Virginia location. The publicly traded company, whose closest site right now is in D.C., plans to…

×

Subscribe to our mailing list