Virginia Administrative Code › Title 13 - HOUSING › Agency 5 - DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT › Chapter 112 - ENTERPRISE ZONE GRANT PROGRAM REGULATION › Part IV - Procedures for Qualifying for Enterprise Zone Job Creation Grants › Section 13VAC5-112-290 - Application submittal and processing

Current through Register Vol. 40, No. 24, July 15, 2024
A. In order to claim the grant, an
				  application must be submitted to the department on a prescribed form.
				  Applicants shall provide other documents as prescribed by the department.
B. Local zone administrators must
				  verify that the location of the business is in the enterprise zone in a manner
				  prescribed by the department.
C.
				  The accuracy and validity of information provided in such applications,
				  including that related to permanent full-time positions, wage rates, and
				  provision of health benefits are to be attested to by an independent certified
				  public accountant licensed in Virginia through an agreed-upon procedures
				  engagement conducted in accordance with current attestation standards
				  established by the American Institute of Certified Public Accountants, using
				  procedures provided by the department as assurance that the firm has met the
				  criteria for qualification prescribed in this section.
D. Business firms with base year employment
				  of 100 or fewer permanent full-time positions and that create in a
				  qualification year 25 or fewer grant eligible positions seeking to qualify for
				  job creation grants as provided for in § 59.1-547 of the Code of Virginia
				  shall be exempt from the attestation requirement for that qualification year.
				  The permanent full-time positions, wage rates, and provision of health benefits
				  of such business firms shall be subject to verification by the department.
E. In order to request job
				  creation grants, business firms shall submit the application form, final
				  attestation report, if an attestation is required, and all required
				  documentation to the department by no later than April 1 of the calendar year
				  subsequent to the qualification year.
F. If the April 1 due date falls on a weekend
				  or holiday, applications are due the next business day.
G. Applications submitted by April 1 without
				  the required attestation report shall be considered late applications and
				  processed according to subsection I of this section.
H. The department shall notify the business
				  in writing of any incomplete or missing required documentation or request
				  written clarification from the business firm on information provided by no
				  later than May 15. Business firms must respond to any unresolved issues by no
				  later than June 1. If the department does not meet its May 15 date for
				  notification, then businesses must respond to any unresolved issues within 10
				  calendar days of the actual notification.
I. Any applications with the required final
				  attestation report and required documentation submitted after the April 1 due
				  date but before May 15 of the calendar year subsequent to the qualification
				  year will be held until the department determines that funds remain and it will
				  not have to prorate grant awards. At such time, the department will review and
				  process such applications and any applications pursuant to subsection F of this
				  section on a first-come first served basis.
J. The department shall award job creation
				  grants and notify all applicants by June 30 as to the amount of the grant they
				  shall receive.
K. Applications
				  must be received by the department, as specified by the department, no later
				  than the date specified in this section.
L. Applicants may only apply for grants that
				  they are otherwise eligible to claim for such calendar year, subject to the
				  limitations provided by 13VAC5-112-400.
Statutory Authority: § 59.1-541 of the Code of
						Virginia.