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The only grant awarded in the county was $10,260,920, to Virginia Small Business Financing Authority.
According to the Internal Revenue Service, opportunity zones were added to the tax code under The Tax Cuts and Jobs Act of 2017. The bill has come under some criticism for creating another big tax break for the ultra-wealthy.
The following table shows how much the EDA invested in projects in all counties in Virginia in 2020.
Total awarded by county in Virginia (2020)
| Rank | County | Total |
|---|---|---|
| 1 | Franklin County | $13,847,215 |
| 2 | Richmond city | $10,260,920 |
| 3 | Pulaski County | $2,500,000 |
| 4 | Montgomery County | $2,219,184 |
| 5 | Newport News city | $1,596,000 |
| 6 | Martinsville city | $799,163 |
| 7 | Russell County | $770,000 |
| 8 | Lynchburg city | $726,000 |
| 9 | Norfolk city | $549,900 |
| 10 | Buchanan County | $150,000 |
| 11 | Mecklenburg County | $140,000 |
| 11 | Richmond County | $140,000 |
| 11 | Scott County | $140,000 |
| 14 | Petersburg city | $100,000 |
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