DHCD offers community-based technical assistance programs to support Virginia’s entrepreneurs.
Strong entrepreneurial ecosystems drive strong economies. These resources can help communities strengthen the support network for local businesses.
State and federal incentives can help create, attract, retain and expand businesses in your community.
Virginia Enterprise Zone is a partnership between state and local government that encourages job creation and private investment.
The Federal Tax Cuts and Jobs Act of 2017 included provisions for a new revitalization tool, the Opportunity Zone and Opportunity Fund. The zones and funds will allow investors to receive tax benefits on currently unrealized capital gains by investing those gains in qualified Opportunity Zones.
DHCD programs provide transformational investments, repurposing blighted structures, increasing access to telecommunications, improving foundational community services, and stimulating private investment.
DHCD supports and promotes healthy, vibrant and sustaining downtowns and business districts across the commonwealth.
DHCD’s broadband initiatives foster strong, competitive communities by preparing them to build, utilize and capitalize on telecommunications infrastructure.
Several DHCD programs can assist with business and industry location or expansion.
