West Virginia Area Development Agreement
Description
How to fill out Area Development Agreement?
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FAQ
Development agreements are contracts negotiated between project proponents and public agencies that govern the land uses that may be allowed in a particular project.
Overview of the West Virginia Economy The top three sectors by total employment are Mining, Healthcare and Social Assistance, Manufacturing, while the unemployment rate across the state in 2022 was 4.0%.
WV CAD encourages strong civic engagement by supporting economic development, community growth and restoration, disaster preparedness and recovery, non-profit efforts and much more.
The Alliance for the Economic Development of Southern West Virginia is a collaboration among the 10 public higher education institutions in Southern West Virginia. The Alliance is focused on fostering an environment for economic growth.
WVEDA is administered by a ten member Board of Directors comprised of the Governor, Treasurer, Tax Commissioner and seven at-large members appointed by the Governor. WVEDA has statutory authority to borrow funds from the West Virginia Board of Treasury Investments to loan to borrowers.
The top revenue industries for West Virginia in 2022 were: Hospitals ? $11.1 billion. Coal Mining ? $7.4 billion. Gas Stations with Convenience Stores ? $6.1 billion.