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
Executive Director of Norfolk EDA

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
  • Jaeson Dandalides
  • Linwood Fisher
  • Robert E. Garris, Jr.
  • Richard H. Ottinger
  • Craig Reilly
  • Ursula Rhodes
  • Carter Smith

EDA Appointed Staff

  • Jared Chalk, Executive Director
  • Sean Washington, Secretary / Treasurer
  • Dawn Ryan, Assistant Secretary / Treasurer

EDA Restated By-Laws 2015

 2015 By-Laws

Annual Audits by Fiscal Year

FY 2019 Audit

Requests for Qualifications:

Military Circle Redevelopment RFQ

Meetings in 2020

*First Wednesday of Every Month*

Unless otherwise noted, all 2020 meetings will be held in:

Dominion Tower 999 Waterside Drive Ste. 400 Norfolk, VA 23510 at 7:30 a.m.

  • January 15th, 2020 (24th Floor – suite 2430)
  • February 5th, 2020
  • March 4th, 2020
  • April 9th, 2020 (Special meeting at 12:00 PM in Council Chambers, 810 Union St, Norfolk, VA, on the 11th floor)
  • May 6th, 2020 (12:00 PM in City Hall, 810 Union St, Norfolk, VA, on the 10th floor)
  • June 3rd, 2020 (12:00 P.M., City Council Chambers, 810 Union Street, Norfolk, Virginia, 23510, 10th Floor Conference Room)
  • For the remainder of the year the EDA meeting will be held at Noon on the first Wednesday of the month in City Council Chambers, 810 Union Street, 10th Floor Conference Room due to COVID – 19 and for public availability. 
  • July 1st, 2020
  • August 5th, 2020
    • EDA Meeting Webex link
  • September 2nd, 2020
    • EDA Meeting Webex link
  • October 7th, 2020 11:30 am, Eastern Daylight Time (New York, GMT-04:00)
    • EDA Meeting Webex link
  • November 4th, 2020
  • December 2nd, 2020

Meetings in 2019