Economic Development Authority

business resources

The City of Petersburg Economic Development Authority has established a REVOLVING LOAN FUND to assist businesses with gap financing.  Contact the Department of Economic Development at 804-898-3645 for information and to see if your business qualifies 

Scheduled Meeting Dates

The Economic Development Authority meets every third Thursday of the month at 5:30pm in the Petersburg Public Library Multipurpose Room.  

EDA Board Members

- Samuel R. Rhue, Chair 

Michael R. Packer, Vice Chair

- Richard B. Taylor, Secretary/Treasurer

- Dr. Lafayette Jefferson

- Dr. Ahkinyala Abdullah

- Winston Sanders

- Joel Erb

EDA Bylaws

EDA Establishment Ordinance 

Code of Virginia


May 19, 2022  Enterprise Zone Amendment Application     2655 Stedman Drive

April 19, 2022  Hotel Petersburg Performance Agreement  EDA Revolving Loan Fund Draft Application 

February 17, 2022  SCWWW ROW Map   112 N Sycamore St Revolving Loan Fund Application  801 South Adams Street Zone Proposal

January 20, 2022  Petersburg Whole Foods LLC

November 18, 2021  VGR Presentation 

November 4, 2021 Special Call Meeting (canceled)

October 21, 2021      Proposed Petersburg Solar and Battery Storage Farm

September 23, 2021  City of Petersburg Tourism Zone Incentive Repayment Assistant Program

August 19, 2021   Hotel Petersburg Performance Agreement   EDA Remote Participation Policy   EDA ARPA Application   SWCCA ENR Project   801 South Adams St

July 15, 2021       Brownfield Grant and Resources Presentation   City of Petersburg Disposition Process Update

June 17, 2021      Poor Creek Presentation   GoVirignia Site Development Gran

May 20, 2021      The Role of IDA's and EDA's   Petersburg CED Revolving Loan Fund   Hotel Petersburg 65% ppt  Petersburg Hotel Gap Financing Meeting 09-17-2020   Internal Hotel Petersburg Log Entry

April 22, 2021     Closed Session Resolution  LOS CPF Funding   Memo CPF Funding


Brian Moore, Director of Economic Development 

103 West Tabb Street

Petersburg, Virginia 23803

(804) 618-2292