FY 27 Budget Q&A #008: Provide a list of economic development initiatives being considered that are specific to the West End and/or would benefit businesses in the West End.

Question: Provide a list of economic development initiatives being considered that are specific to the West End and/or would benefit businesses in the West End. (Mayor Gaskins)

Response: The FY2027 proposed budget includes resources for five new initiatives identified as catalysts in ALX Forward: A Strategic Framework for Economic Growth. Three of the five initiatives support attracting new businesses to the West End; encouraging existing West End businesses to add jobs or investment; or driving customers to independent West End restaurants and retailers.

The specific initiatives are:

Lease Incentives for Arts, Entertainment and Innovation Uses
Alexandria Investment Fund- small business/high growth set-aside
ALX Open Rewards

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City of Alexandria, VA

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FY 27 Budget Q&A #008: Provide a list of economic development initiatives being considered that are specific to the West End and/or would benefit businesses in the West End.

Question: Provide a list of economic development initiatives being considered that are specific to the West End and/or would benefit businesses in the West End. (Mayor Gaskins)