79305359.1-548Virginia Decodedhttps://vacode.org2016Trade And CommerceEnterprise Zone Grant ProgramEnterprise zone real property investment grants2005, cc. 863, 884; 2007, cc. 242, 287; 2009, cc. 207, 271.http://law.lis.virginia.gov/vacode/59.1-548//59.1-548/59.1/49/59.1-54859.1-549 The cost of acquiring any real property or building.sectionA1A12 Other costs including: (i) the cost of furnishings; (ii) any expenditure associated with appraisal, architectural, engineering, surveying, and interior design fees; (iii) loan fees, points, or capitalized interest; (iv) legal, accounting, realtor, sales and marketing, or other professional fees; (v) closing costs, permits, user fees, zoning fees, impact fees, and inspection fees; (vi) bids, insurance, signage, utilities, bonding, copying, rent loss, or temporary facilities incurred during construction; (vii) utility connection or access fees; (viii) outbuildings; (ix) the cost of any well or septic or sewer system; and (x) roads.sectionA2A22Grants shall be calculated at a rate of 20 percent of the amount of qualified real property investment in excess of $ 500,000 in the case of the construction of a new building or facility. Grants shall be calculated at a rate of 20 percent of the amount of qualified real property investment in excess of $ 100,000 in the case of the rehabilitation or expansion of an existing building or facility. For any qualified zone investor making $ 5 million or less in qualified real property investment, a real property investment grant shall not exceed $ 100,000 within any five-year period for any individual building or facility. For any qualified zone investor making more than $ 5 million in qualified real property investment, a real property investment grant shall not exceed $ 200,000 within any five-year period for any individual building or facility.sectionBB1A qualified zone investor shall apply for a real property investment grant in the calendar year following the year in which the property was placed in service.sectionCC1