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Prince Edward County faces repayment risk on $650,000 industrial access grant if private investment target not met
Prince Edward County Board of Supervisors · July 9, 2025
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Summary
County staff told the Board of Supervisors that an Industrial Access grant for Enterprise Lane requires documentation of $3.25 million in private investment or repayment of up to $650,000 awarded to the county.
County staff informed the Board of Supervisors that a Virginia Industrial Access grant tied to Enterprise Lane at the Prince Edward County Business Park carries a documentation requirement the county has not yet met.
According to the briefing, the Commonwealth Transportation Board approved up to $650,000 to construct a new access road to the business park. Under program…
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