• Portsmouth
  • Portsmouth
  • Portsmouth

The Economic Development Authority (EDA)

The Economic Development Authority (EDA) of the City of Portsmouth is a political subdivision of the Commonwealth of Virginia created by City Council in 1968. The EDA is comprised of seven (7) City Council-appointed Commissioners serving staggered four (4) year terms. A few of the powers specifically granted to Economic Development Authorities by the General Assembly include the authority to: acquire or dispose of property at, below or above market value; own or lease property; make loans or grants, and issue Council-approved bonds. The EDA uses its powers to work closely with the Department of Economic Development to attract and retain business and support development in Portsmouth.

 

***Please submit all questions regarding the FY2021 Local Incentive Program (ending June 30, 2021) through the Contact Us Form or by calling 757-393-8804.***

Meeting Agendas, Videos, and Minutes

For more information about serving as a board member, please contact the City Clerk’s office.

Economic Development Authority Board

Ray A. Smith, Sr., Chair 

Malcom Mitchell, Vice Chair

Cathy Drewry, Treasurer

Neal J. Barber

Anthony Brown

Theresa Saunders Smith

Barbara Smith

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