Virginia Enterprise Zone Job Creation Grant (Virginia)

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Last modified on February 12, 2015.

EZFeed Policy

Place Virginia


   
Applies to States or Provinces Virginia
Name Virginia Enterprise Zone Job Creation Grant (Virginia)
Policy Category Financial Incentive
Policy Type Enterprise Zone, Grant Program
Affected Technologies Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Tidal Energy, Wave Energy, Wind energy
Active Policy Yes

Implementing Sector State/Province
















Maximum Incentive $500 per position










Program Administrator Virginia Department of Housing and Community Development
Primary Website http://www.dhcd.virginia.gov/index.php/business-va-assistance/startingexpanding-a-business/virginia-enterprise-zone-vez-business.html



Last Review 2014-09-15


Information Source http://www.virginiaallies.org/assets/files/publications/incentivesguide.pdf


Summary

The Virginia Enterprise Zone Job Creation Grant provides cash grants to businesses located in Enterprise zones that create permanent new jobs over a four-job threshold. State incentives are available to businesses and zone investors who create jobs and invest in real property within the boundaries of enterprise zones. The positions must pay at least 175 percent of the federal minimum wage rate and the availability of health benefits. The cash grant maximum is $500 per position and may be claimed for up to five years.



Policy Contact

Contact Name Jeff Sadler
Department Virginia Department of Housing and Community Development
Division Community Development
Address Main Street Centre
Address 2 600 East Main Street, Suite 300
Place Richmond, Virginia
Zip/Postal Code 23219
Phone (804) 371-7030


Email jeff.sadler@dhcd.virginia.gov
Website http://www.dhcd.virginia.gov/index.php/dhcd-resources/contact-us.html
     
     

Authorities (Please contact the if there are any file problems.)

Authority 1: Va. Code 59.1-280




Authority 2: Va. Code 59.1-538 through 59.1-549



















References