This amendment increases funding for the Virginia Growth and Opportunity initiative by $5.0 million from the general fund in the first year and $10.0 million from the general fund in the second year. It also eliminates new language in the introduced budget in order to correct an unintended consequence of distribution of funds to localities, permits the Board to grant matching fund waivers to qualifying regions that request them, and raises the eligible minimum amount of funds allocated to each region based upon its share of population to $1.0 million The additional funds shall be distributed as follows: an increase of $1.0 million in the first year for capacity-building grants; an increase of $3.0 million the first year and $6.0 million the second year for grants based upon a region's share of population; and, an increase of $1.0 million in the first year and $4.0 million the second year for competitive grants.