Tax Exempt Bonds
Virginia law empowers the Williamsburg Economic Development Authority (EDA) to issue tax-exempt industrial revenue bonds to fund the acquisition, construction, equipping, expansion, enlargement and improvement of facilities of non-profit, 501(c) 3 tax exempt organizations, accredited educational institutions, museums and medical facilities located in the City.
With consent of City Council, as well as the governing body and industrial development authority of other localities, the EDA can also issue tax exempt bonds to fund such facilities in other Virginia localities.
Contact: Joseph F. Phllips, EDA Attorney, 757-220-6251
Tax Exempt Bond Application