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 $2,500 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:

Building Façade Grant:

Grants up to the lesser of 33% of renovation costs or $50,000
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 ten 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 $15,000
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 sealing, or $5,000
Grants up to the lesser of 33% of the cost of repaving, or $10,000
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 $2,500 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

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:

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.
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.

An in-depth analysis of commercial/industrial sites to reduce or eliminate crime
Available County-wide
Interested parties should contact the Henrico County Police Division, Prevention Services Unit.

Commercial Revitalization Staff Assistance:

Training Seminars for Businesses:

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