Agencies | Governor
Virginia Regulatory Town Hall
Agency
Department of Housing and Community Development
Board
Board of Housing and Community Development
chapter
Enterprise Zone Grant Program Regulation [13 VAC 5 ‑ 112]
Action is Exempt from Article 2 of the Administrative Process Act
Action:
Enterprise Zone Grant Program Regulation Update
 
General Information
Action Summary For any qualified zone investor making less than $5 million in qualified real property investment, a real property investment grant shall be allowed in an amount equaling 20 percent of the amount of qualified real property investment not to exceed $125,000 within any five-year period for any building or facility. For any qualified zone investor making $5 million or more in qualified real property investments, a real property investment grant shall be allowed in an amount equaling 20 percent of the amount of qualified real property investment not to exceed $250,000 within any five-year period for any building or facility.
Chapters Affected Only affects this chapter.
Executive Branch Review This Action is exempt from Article 2 of the Administrative Process Act. The normal executive branch review process is not required. As such, it can be submitted directly for publication and is effective upon publication.
Exempt Citation: Section 2.2-4006 4(a) of the Code of Virginia
RIS Project Yes  [000890]
New Periodic Review This action will not be used to conduct a new periodic review.
 
Stages
Stages associated with this regulatory action.
Stage ID Stage Type Status
4341 Final Stage complete. This regulation became effective on 01/23/2008.
 
Contact Information
Name / Title: Kyle Flanders  / Senior Policy Analyst
Address: Main Street Centre
600 East Main Street, Suite 300
Richmond, VA 23219
Email Address: kyle.flanders@dhcd.virginia.gov
Phone: (804)786-6761    FAX: (804)371-7090    TDD: (804)371-7089

This person is the primary contact for this agency.