Economic Development

Available Properties:  View Map

These properties are located in an enterprise zone which can provide your company with grant resources and fee rebates for locating a business at the site. Some of those possibilities, as well as the site utilities are listed below.

Utility Consumer Tax Reduction: A payment equal to the amount of a three year reduction of utility consumer tax for qualifying new businesses. A 70% reduction for year one, 40% reduction for year two and a 20% reduction for year three.

Business License Tax Reduction: A payment equal to the amount of a three year reduction of business license taxes for qualifying new businesses. 70%-40%-20% reductions

Real Estate Tax Reduction: A payment equal to the amount of a three year reduction in real estate taxes for qualifying new businesses. 70%-40%-20% reductions

Machinery and Tools Tax Reduction: A payment equal to the amount of a three year reduction in the machinery and tool tax for qualifying new businesses. 70%-40%-20% reductions

Rezoning Fees Reimbursement: A payment equal to the amount of the rezoning application fees for a qualifying new business.

Building Permit Fee Reimbursement: A payment equal to the amount of the building permit fees for qualifying new businesses.

Virginia Job Creation Grant: Qualifying businesses located within the Enterprise Zone may be entitled to $500-$800 per new position per year for five years (positions 1-4 do not count). Excludes retail, personal service, personal care services, hair , nail and skin care services, diet and weight reducing centers, death care services, funeral homes and funeral services, cemeteries and crematories, dry cleaning and laundry services, coin-operated laundries and drycleaners, linen and uniform supply, industrial launderers, pet care, except veterinary services, photo finishing, photo finishing laboratories, except one-hour, one-hour finishing, parking lots and garages and all other personal services.

Virginia Real Property Investment Grant: Up to $100,000 per building for qualifying real property investments of less than $5,000,000 and up to $200,000 per building or facility for qualifying real property investments of $5,000,000 or more over a five year period.

Interested parties should contact Darlene Burcham, Town Manager or Donald Ford, Director of Community Development, 547 Main Street, Clifton Forge, VA 24422 or e-mail dlburcham@cliftonforgeva.gov or dford@cliftonforgeva.gov. For more information contact the Town of Clifton Forge at 540-863-2500.

Site Utilities

Water System:

Town of Clifton Forge

Sewer System:

Regional Wastewater Treatment Plant owned by Alleghany County

Power Provider:

Dominion Power

Natural Gas Provider:

Columbia Gas

Solid Waste Disposal:

Transfer Station

On site pick-up: Yes

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