Henrico County Local Incentives and Grant Application Forms

Prior to submitting any Enterprise Zone incentive applications, please contact the Enterprise Zone staff at 501-7640.

Applications must be submitted AND approved before the work begins. All grants are reimbursement-based.  

 

Existing Freestanding Signage Grant:

  • Grants up to the lesser of 33% or $2,000 for demolition, replacement, or refurbishment of an existing freestanding sign.
  • New freestanding signs are not eligible for this grant.
  • Interested parties must complete and submit the Existing Freestanding Signage Grant Application

Architectural/Design Assistance Program:

  • Professional design assistance for façades and exterior improvements
  • To enhance the appearance of the Zone and project a more positive image
  • Intended for businesses that expect to pursue Building Façade Grants
  • No cost to the business
  • Interested parties must complete and submit the Design Assistance Application

Building Façade Grant:

  • Grants up to the lesser of 33% of renovation costs or $30,000
  • For exterior improvements specifically including façade improvements.
  • Business must agree to create one job for each $10,000 received
  • 51% of jobs must be for persons previously low income
  • Interested parties must complete and submit the Building Façade Grant Application

Building Façade Grant for Existing Small Businesses:

  • Grants up to the lesser of 33% of renovation costs or $30,000 for exterior improvements for existing small businesses that cannot create new jobs
  • Limited to existing small businesses with a maximum of six full-time equivalent employees
  • Interested parties must complete and submit the Building Façade Grant Application for Existing Small Businesses

Off-Site Improvement Grant:

  • Grants up to the lesser of 33% of the cost or $10,000
  • For off-site drainage, water, sewer, broadband, sidewalk and bus stop improvements
  • Must invest a minimum of $250,000 in a new building or $50,000 in exterior improvements to an existing building
  • Business must agree to create one job for a previously low income person for each $10,000 received
  • Interested parties must complete and submit the Off-Site Improvement Grant Application

Parking Lot Paving and Sealing Grant:

  • Grants up to the lesser of 33% of the cost of repaving or sealing, or $5,000
  • For properties where parking areas are gravel or deteriorated or for a parking lot expansion
  • For properties with existing buildings or where and addition(s) to an existing building is proposed
  • Interested parties must complete and submit the Paving Grant Application

Landscaping Grant:

  • Grants up to the lesser of 33% of the cost of landscaping or $2,000 for the enhancements of the parking areas, or front of the building or property
  • For properties with existing buildings or where an addition(s) to an existing building is proposed
  • Interested parties must complete and submit the Landscaping Grant Application

Building Demolition Grant:

  • Grants up to the lesser of 33% of building demolition or $30,000 to clear a site for new development
  • Demolition must clear the site for an additional investment of $250,000 for a new building
  • Property owners will be reimbursed for demolition after new construction has been completed
  • Interested parties must complete and submit the Building Demolition Grant Application

Rehabilitation Real Estate Tax Exemptions:

  • Seven-year tax exemption based on increase in assessed property value resulting from certain rehabilitation
  • Applies to commercial, industrial and multifamily real estate
  • To offset costs associated with renovating older commercial/industrial structures
  • Available County-wide
  • Interested parties must submit an application to the Henrico County Finance Department, Real Estate Assessment Division prior to or simultaneously with making application for a building permit.

Employment and Training Assistance:

  • Referral of qualified applicants
  • Related training within the Capital Area
  • Utilizes Workforce Investment Act Funds and other resources
  • Available County-wide
  • Interested parties should contact Henrico County Enterprise Zone Staff.

Plan Review/Permit Fee Waivers:

  • Waives fees for Plan of Development review, rezoning, building permits, others
  • To reduce start-up costs for businesses wishing to locate or expand in the Zone
  • Available County-wide
  • Applied automatically to businesses in the Enterprise Zone.

Fire Safety Seminars:

  • Free on-site seminars
  • To improve safety/reduce threat of fire in older commercial/industrial structures
  • Available County-wide
  • Interested parties should contact the Henrico County Fire Department.

Crime Prevention Through Environmental Design:

Commercial Revitalization Staff Assistance:

  • Technical assistance to businesses in the Zone
  • Available County-wide

Training Seminars for Businesses:

  • Seminars and training sessions in marketing, special events, design, others
  • Available County-wide
  • Interested parties should contact Henrico County Enterprise Zone Staff.

Accelerated Development Processing:

  • Fast track plan review and approval
  • Available County-wide
  • To reduce start-up costs for businesses wishing to locate or expand in Henrico County

Contact Us

Community Revitalization

Physical Address
4905 Dickens Road, Suite 200
Henrico, VA 23230

Phone
(804) 501-4757

Fax
(804) 501–7630

Mailing Address
P. O. Box 90775
Henrico, VA 23273-0775

Office Hours:
Monday to Friday
8:00 AM to 4:30 PM

Email

[email protected]

 
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