The Economic Development Authority of the City of Lynchburg (the EDA) has again been selected to receive $300,000 in assessment grants from the Environmental Protection Agency (EPA) to continue to assist businesses and property owners to identify, assess and begin redevelopment of brownfields in the City. Funding dedicated to the assessment of sites potentially impacted by hazardous substances and petroleum will be used to conduct Phase I and Phase II environmental site assessments, cleanup and redevelopment planning and community engagement activities. The EDA first received a federal brownfields grant in 2015.
The Office of Economic Development & Tourism and the Economic Development Authority of the City of Lynchburg is pleased to announce the naming of Rex D. Geveden of BWX Technologies, Inc. to the Economic Development Authority. Mr. Geveden was appointed by Lynchburg City Council and will serve a four year term.
Topics: News & Events
If you were unable to attend the workshop on February 6th, please feel free to download the presentation below. Topics of interest to business owners and developers include:
Recently, The City of Lynchburg made important updates to the Real Estate Rehabilitation Program. The new updated version of the program takes effect on January 1, 2018 and will apply to multiple housing units throughout the city. Read below to learn more about changes made as well as details on eligibility.
Five Lynchburg start-ups that completed the City’s first CO.STARTERS program received Community Business Launch grants totaling $40,000 at an awards ceremony on Thursday. Businesses will start or expand their business operations in Lynchburg’s Enterprise Zone 2.
The Lynchburg Office of Economic Development (LOED) and the Lynchburg Economic Development Authority (LEDA) were recently awarded a grant through Governor Terry McAuliffe’s Virginia Community Business Launch Grant program.
Lynchburg is one of only seven localities to receive a $60,000 grant, an investment totaling $420,000 statewide. The program is managed by the Virginia Department of Housing and Community Development and designed to support Lynchburg's growing community of entrepreneurs. The LEDA grant request includes four programmatic components:
This winter, one of the City of Lynchburg's top priority transporation projects will start construction. The Odd Fellows Rd. Interchange update will include:
On Tuesday, October 19th, Gov. Terry McAuliffe announced that Lynchburg was awarded redesignation for its Enterprise Zone. The Governor made the announcement with Secretary of Commerce and Trade Maurice Jones and Mayor Michael Gillette at Ivy Creek Park in Lynchpin Industrial Park in Lynchburg.
Yesterday was an exciting day for the Lynchburg Economic Development Authority - we were awarded a silver medal at the International Economic Development Council's annual conference in Anchorage, Alaska!