§ 15.2-1309. Eligibility criteria for incentive payments.
The Department of Housing and Community Development, in setting the criteriafor eligibility for incentive payments under § 15.2-1308, shall require that:
1. A regional partnership shall exist and effectively function in theapplicant region, and membership shall include as broad a representation asis practical of local government, elementary and secondary education, highereducation, the business community, and civic groups. The partnership shouldinclude as many of the following as is practical: the mayor or chair and thechief administrative officer of each member locality, president of eachinstitution of higher education, corporate leaders of the region, and leadersof local civic associations. The Department shall issue guidelines on thestructure and organization of the regional partnership.
2. Each regional partnership shall develop a regional strategic economicdevelopment plan which identifies critical issues of economic competitivenessfor the region. The plan shall contain, at a minimum, a comparison of thefollowing criteria for the region, and the primary competitor regions in thesoutheast United States:
a. Median family income;
b. Job creation; and
c. Differences in median family income levels among the localities in theregion.
3. Each regional partnership shall issue an annual report, including, at aminimum, the region's progress towards improvement according to the criteriaidentified in subdivision 2 and its progress in addressing the criticalissues of economic competitiveness identified in the regional strategiceconomic development plan.
4. Each regional partnership shall identify the existing and proposed jointactivities within the region, and the joint activities shall have a combinedpoint total of at least twenty points, based on the values established in §15.2-1310, in order for the region to qualify for any incentive payments.
5. Subject to the provisions of § 15.2-1308, once a region becomes eligiblefor the annual incentive payments, it shall receive such payments for atleast five years, so long as regional partnerships continue to exist andeffectively function. The region may reapply before or at the end of thefive-year period for requalification to continue to receive annual incentivepayments.
6. Joint activities existing prior to the enactment of this section or priorto requalification may be considered by the Department of Housing andCommunity Development for an award up to the full value established in §15.2-1310. Existing joint activities which are expanded in scope or number oflocalities may be considered a new joint activity but shall not receive thefull value of points as established in § 15.2-1310. Points for existingactivities (those initiated prior to July 1 of the year in which the initialqualification or the requalification is sought) may not constitute more thanfifty percent of the total points assigned.
7. The year for incentive payments shall be the Commonwealth's fiscal yearfollowing the calendar year in which the region qualifies, with payments madeannually by the Comptroller upon certification by the Department of Housingand Community Development. Eligible regions shall receive incentive funds inan amount equal to the percentage of the funds appropriated for incentivepayments for such fiscal year that represents the region's percentage of thetotal population of all eligible regions. Within eligible regions, theincentive funds shall be distributed to the localities on the basis of aformula mutually agreed to by all of the localities of the region.
(1996, cc. 1045, 1055, § 15.1-1227.4; 1997, c. 587; 2000, c. 749.)
§ 15.2-1309. Eligibility criteria for incentive payments.
The Department of Housing and Community Development, in setting the criteriafor eligibility for incentive payments under § 15.2-1308, shall require that:
1. A regional partnership shall exist and effectively function in theapplicant region, and membership shall include as broad a representation asis practical of local government, elementary and secondary education, highereducation, the business community, and civic groups. The partnership shouldinclude as many of the following as is practical: the mayor or chair and thechief administrative officer of each member locality, president of eachinstitution of higher education, corporate leaders of the region, and leadersof local civic associations. The Department shall issue guidelines on thestructure and organization of the regional partnership.
2. Each regional partnership shall develop a regional strategic economicdevelopment plan which identifies critical issues of economic competitivenessfor the region. The plan shall contain, at a minimum, a comparison of thefollowing criteria for the region, and the primary competitor regions in thesoutheast United States:
a. Median family income;
b. Job creation; and
c. Differences in median family income levels among the localities in theregion.
3. Each regional partnership shall issue an annual report, including, at aminimum, the region's progress towards improvement according to the criteriaidentified in subdivision 2 and its progress in addressing the criticalissues of economic competitiveness identified in the regional strategiceconomic development plan.
4. Each regional partnership shall identify the existing and proposed jointactivities within the region, and the joint activities shall have a combinedpoint total of at least twenty points, based on the values established in §15.2-1310, in order for the region to qualify for any incentive payments.
5. Subject to the provisions of § 15.2-1308, once a region becomes eligiblefor the annual incentive payments, it shall receive such payments for atleast five years, so long as regional partnerships continue to exist andeffectively function. The region may reapply before or at the end of thefive-year period for requalification to continue to receive annual incentivepayments.
6. Joint activities existing prior to the enactment of this section or priorto requalification may be considered by the Department of Housing andCommunity Development for an award up to the full value established in §15.2-1310. Existing joint activities which are expanded in scope or number oflocalities may be considered a new joint activity but shall not receive thefull value of points as established in § 15.2-1310. Points for existingactivities (those initiated prior to July 1 of the year in which the initialqualification or the requalification is sought) may not constitute more thanfifty percent of the total points assigned.
7. The year for incentive payments shall be the Commonwealth's fiscal yearfollowing the calendar year in which the region qualifies, with payments madeannually by the Comptroller upon certification by the Department of Housingand Community Development. Eligible regions shall receive incentive funds inan amount equal to the percentage of the funds appropriated for incentivepayments for such fiscal year that represents the region's percentage of thetotal population of all eligible regions. Within eligible regions, theincentive funds shall be distributed to the localities on the basis of aformula mutually agreed to by all of the localities of the region.
(1996, cc. 1045, 1055, § 15.1-1227.4; 1997, c. 587; 2000, c. 749.)
§ 15.2-1309. Eligibility criteria for incentive payments.
The Department of Housing and Community Development, in setting the criteriafor eligibility for incentive payments under § 15.2-1308, shall require that:
1. A regional partnership shall exist and effectively function in theapplicant region, and membership shall include as broad a representation asis practical of local government, elementary and secondary education, highereducation, the business community, and civic groups. The partnership shouldinclude as many of the following as is practical: the mayor or chair and thechief administrative officer of each member locality, president of eachinstitution of higher education, corporate leaders of the region, and leadersof local civic associations. The Department shall issue guidelines on thestructure and organization of the regional partnership.
2. Each regional partnership shall develop a regional strategic economicdevelopment plan which identifies critical issues of economic competitivenessfor the region. The plan shall contain, at a minimum, a comparison of thefollowing criteria for the region, and the primary competitor regions in thesoutheast United States:
a. Median family income;
b. Job creation; and
c. Differences in median family income levels among the localities in theregion.
3. Each regional partnership shall issue an annual report, including, at aminimum, the region's progress towards improvement according to the criteriaidentified in subdivision 2 and its progress in addressing the criticalissues of economic competitiveness identified in the regional strategiceconomic development plan.
4. Each regional partnership shall identify the existing and proposed jointactivities within the region, and the joint activities shall have a combinedpoint total of at least twenty points, based on the values established in §15.2-1310, in order for the region to qualify for any incentive payments.
5. Subject to the provisions of § 15.2-1308, once a region becomes eligiblefor the annual incentive payments, it shall receive such payments for atleast five years, so long as regional partnerships continue to exist andeffectively function. The region may reapply before or at the end of thefive-year period for requalification to continue to receive annual incentivepayments.
6. Joint activities existing prior to the enactment of this section or priorto requalification may be considered by the Department of Housing andCommunity Development for an award up to the full value established in §15.2-1310. Existing joint activities which are expanded in scope or number oflocalities may be considered a new joint activity but shall not receive thefull value of points as established in § 15.2-1310. Points for existingactivities (those initiated prior to July 1 of the year in which the initialqualification or the requalification is sought) may not constitute more thanfifty percent of the total points assigned.
7. The year for incentive payments shall be the Commonwealth's fiscal yearfollowing the calendar year in which the region qualifies, with payments madeannually by the Comptroller upon certification by the Department of Housingand Community Development. Eligible regions shall receive incentive funds inan amount equal to the percentage of the funds appropriated for incentivepayments for such fiscal year that represents the region's percentage of thetotal population of all eligible regions. Within eligible regions, theincentive funds shall be distributed to the localities on the basis of aformula mutually agreed to by all of the localities of the region.
(1996, cc. 1045, 1055, § 15.1-1227.4; 1997, c. 587; 2000, c. 749.)
