Grant application cycles suspended by EDA Board due to program and criteria review. Special grant application requests will be considered, please contact Amy Peregoy.
The Economic Development Authority acts as a catalyst for responsible economic growth that improves Fredericksburg's quality of life. The EDA receives its funding from annual fees derived from the issuance of bonds for qualified borrowers. It has several matching grant programs that promote downtown revitalization, commercial building façade improvements, business development and expansion, strengthening of the city's arts businesses, special events and non-profit projects related to economic development. Additionally, the EDA advises the City Manager and City Council on fostering economic and industrial development.