• +1 (757) 664-4338

OUR MISSION: The mission of the Economic Development Authority (EDA) is to create jobs, maximize the utilization of Norfolk’s real estate, foster business capital investment, increase revenue by growing the tax base, focus on efforts to build on the strengths and the needs of neighborhoods, and support minority and small businesses.


Jared Chalk
Director of Norfolk EDA
757-664-4242

The EDA is a political subdivision of the Commonwealth of Virginia created by the City to acquire, own, lease and dispose of properties to promote industry and induce businesses to locate and remain in Norfolk. The EDA is authorized to issue revenue bonds to finance facilities for non-profits, manufacturers, and businesses in an Enterprise or Empowerment Zone. Neither the EDA nor the City have any liability under the bonds. Liability is assumed by the enterprises for which the facilities are constructed.

Revenue Bonds Issued

Bonds are limited to manufacturing businesses, or businesses in Enterprise / Empowerment Zones, or 501(c)(3) non-profit organizations. Bond qualifications are determined by the Internal Revenue Code.

Board of Directors

  • Michael Lee - Chairman
  • Antonio L. Sisco- Vice Chairman
  • Jeffrey Brooke
  • Kim P. Brown
  • B. Wayne Coleman
  • Michael Cox
  • Jaeson Dandalides
  • Robert E. Garris, Jr.
  • Richard H. Ottinger
  • Craig Reilly
  • Ursula Rhodes

 

Annual Audits by Fiscal Year

FY 2017 Audit

FY 2016 Audit

FY 2015 Audit

EDA Monthly Meetings

Meetings in 2018

Unless otherwise noted, all 2018 meetings will be held in  

Dominion Tower 999 Waterside Drive Ste. 415 (Next to YMCA) Norfolk, VA 23510

 

Meetings in 2017

Unless otherwise noted, all 2017 meetings were held on the 1st Wednesday of the month at 7:30AM in the Department of Development's conference room.

Norfolk Department of Economic Development Mission

Generate wealth for the City of Norfolk through business expansion, enhancement, and new business development complementary to our neighborhoods.

Contact Info

(757) 664-4338
999 Waterside Drive
Suite 2430
Norfolk, VA 23510

Staff Details

Jared Chalk
Interim Economic Development Director 

Newsletter sign-up

Sign up for Norfolk Development E-news