The Economic Development Authority enters commercial arrangements on behalf of the City of Richmond, leveraging its powers to incentivize commercial investment for job creation, community well-being, and economic growth. We work in partnership with City Council, the Mayor’s Administration, and state officials to align strategic investments in key industry clusters. Our work includes:
Loan review and authorization;
- Real estate planning and development assistance;
- Tax exempt finance and incentives;
Startup business support; and
Collaboration across our community of new ventures.