This project will form a Regional Industrial Facilities Authority (RIFA) in accordance with the Virginia Regional Industrial Facilities Act (Va. Code Section 15.2-6400-6416) for the City of Fredericksburg, Caroline County, King George County, Stafford County, and Spotsylvania County.

  • Statewide Project Theme: Site Development
  • Region 6 Priority Industry Cluster: Professional, Scientific, and Technical Services; Manufacturing
  • GO Virginia Request: $14,665
  • Match: $7,335
  • Source of Match: City of Fredericksburg, Caroline County, King George County, Stafford County, Spotsylvania County, Fredericksburg Regional Alliance
  • Project Type: Enhanced Capacity Building
  • Localities: City of Fredericksburg, Caroline County, King George County, Stafford County, and Spotsylvania County
  • How does this project create higher paying jobs? This project creates higher paying jobs by setting up the framework for all the localities to create a RIFA that will enable shared revenue capabilities in site development projects.