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]
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1/8/18  2:03 pm
Commenter: Sherry Spring, County of Gloucester, Virginia

Enterprise Zone
 

Having worked in economic development for the past 22 years and working in an area with an Enterprise Zone, I certainly understand the importance of having the zone in new recruitment efforts and retention efforts.  There is a tremendous amount of work on the local level that goes into the potential formation of an Enterprise Zone prior to state approval.  First, I think the EZ should be amended to work better with today's economic development needs.  I think the state EZ is now 22 years old and things have changed. I think the guidelines should reflect small businesses and not just the larger ones with big capital investment and job creation. I don't necesssarily agree that it should just be for low income/high unemployemnt areas.  I would hope that the program can be revisited to inlcude something for everyone and make the rural areas more competitive with the suburban and urban areas in th state.  Thank you for the opportunity to express my thoughts on the EZ.

CommentID: 63356