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VIRGINIA BEACH, VA, February 12, 2021 /24-7PressRelease/ -- Jeff Brooke is pleased to announce that he has been elected Vice Chairman of the Norfolk Economic Development Authority. The mission of the Economic Development Authority (EDA) is to create jobs, maximize the utilization of Norfolk's real estate, foster business capital investment, increase revenue by growing the tax base, focus on efforts to build on the strengths and the needs of neighborhoods, and support minority and small businesses.
Mr. Brooke was born and raised in Norfolk and takes a special interest in the financial wellbeing of local businesses and the city in general. He has practiced law in Norfolk and Virginia Beach for over 30 years and currently serves as a partner at the law firm of Poole Brooke Plumlee PC.
The EDA is a political subdivision of the Commonwealth of Virginia created by the City to acquire, own, lease and dispose of properties to promote industry and induce businesses to locate and remain in Norfolk. The EDA is authorized to issue revenue bonds to finance facilities for non-profits, manufacturers, and businesses in an Enterprise or Empowerment Zone. Neither the EDA nor the City have any liability under the bonds. Liability is assumed by the enterprises for which the facilities are constructed. Bonds are limited to manufacturing businesses, or businesses in Enterprise / Empowerment Zones, or 501(c)(3) non-profit organizations. Bond qualifications are determined by the Internal Revenue Code.
To learn more, visit: The Norfolk Economic Development Authority
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The EDA is located at 4525 Main St #700, Virginia Beach, VA 23462.
Poole Brooke Plumlee PC celebrates more than thirty years of providing quality legal services for individuals, small businesses, banking institutions, large corporations and government agencies.
We are consistently ranked by various business publications as one of the top fifty largest law firms in Virginia, and many of our attorneys receive honors each year for excelling in their fields of practice. Poole Brooke Plumlee PC is ranked AV (highest rating) by the Martindale Hubbell Law Directory.
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