Virginia’s Plan To Build A New Stadium For The Washington Commanders Would Allow For $1 Billion In Bonds.

NFL: Washington Football Team-Press Conference
Feb 2, 2022; Landover, MD, USA; A detailed view of a new uniform during a press conference revealing the Washington Commanders as the new name for the formerly named Washington Football Team at FedEx Field. Mandatory Credit: Geoff Burke-USA TODAY Sports

The Virginia Senate is considering legislation that would allow the issuance of up to $1 billion in government bonds to help fund a new Washington Commanders stadium in Northern Virginia.

The Virginia Football Stadium Authority would be authorized to sell $1 billion in bonds to help finance a new Washington Commanders stadium in Northern Virginia under the proposal. At least $2 billion would have to be invested by the Commanders.

WUSA9 has more here.

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