Qualified real property investments in a commercial, industrial, or mixed-use building or facility within the boundaries of a designated Virginia Enterprise Zone.
- 20% cash grant for real property rehabilitation investments above a $100,000 threshold
- 20% cash grant for new construction investments above a $500,000 threshold
- Grant capped at $100,000 for investments less than $5 million
- Grant capped at $200,000 for investments of $5 million or more