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What is Fairfax County Economic Development Authority mean?
The Fairfax County Economic Development Authority (FCEDA) is an independent authority in Fairfax County, Virginia, created under Virginia state law in 1964 and funded by Fairfax County government. The FCEDA exists to promote investment and business growth in Fairfax County in order to expand the commercial tax base that helps pay for public services such as the county school system, police and fire departments, parks, libraries and social services. The FCEDA does this by managing marketing programs that encourage businesses to expand or relocate to the county. It is the largest non-state economic development authority in the nation. Since its founding in 1964, the Fairfax County Economic Development Authority has worked with more than 3,500 companies that added more than 230,000 jobs and leased more 71 million square feet of office space in Fairfax County.
referencePosted on 27 Sep 2024, this text provides information on Miscellaneous in Governmental related to Governmental. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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