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.
Sean Washington
Executive Director of Norfolk EDA
757-664-4338
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
- Jeffrey Brooke – Chairman
- Kim P. Brown
- Jaeson Dandalides
- Richard H. Ottinger
- Henri Patten
- George Polizos
- Simon H. Scott
- Antonio L. Sisco
- Carter Smith
- Morgan Whayland – Vice Chairman
EDA Appointed Staff
- Sean Washington, Executive Director
- Michael Paris, Secretary / Treasurer
- Dawn Ryan, Assistant Secretary / Treasurer
EDA Restated By-Laws 2015
Annual Audits by Fiscal Year
Rosna Theater Boxing Center RFQ
Rosna Theater Boxing Center Finance Committee Meeting
Day & Time: Monday, January 30th – 11:30am-12:30pm
Location: 999 Waterside Drive, Suite 2430, Norfolk VA 23510
