City News

Press Releases and Announcements

City of Richmond to Kick off to Holiday Season with RVA Illuminates

The Department of Parks, Recreation and Community Facilities (PRCF), in partnership with 8 News and Summit Media, will host RVA Illuminates at Kanawha Plaza, 801 E. Canal Street, on Friday, December 2, 2022 beginning at 4 p.m.

RVA Illuminates will feature performances from the Richmond Police Department Band, DJ Lonnie B, and Sam Reed and Friends. Kelli Lemon will emcee for the evening. Chief Administrative Officer Lincoln Saunders will flip the switch at 6 p.m., lighting up the downtown skyline and announcing the arrival of the holiday season. At 7:15 p.m., the holiday movie “Elf”, presented by Venture Richmond, will be shown.

“Each year we continue to build in new traditions with the old. Partnering with Venture Richmond to show “Elf” is a great new addition,” says Chris Frelke, Director of PRCF.

In addition to the event at Kanawha Plaza, Shockoe Illuminates will take place at the 17th Street Market, 100 N. 17th Street, on the same day. From 5 - 8 p.m., patrons will be able to begin their holiday shopping, enjoy holiday carolers, and partake in the skyline lighting.

Also adding to the holiday tradition, PRCF is asking city businesses and residents to light up their own storefronts and homes on December 2 at 6 p.m., adding to the illumination of the entire city.

For more information about the department, follow PRCF on Facebook, Twitter and Instagram or visit our website at www.rva.gov/parks-recreation.

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Real Estate (Property) Tax Rebate FAQ's

Who is eligible to receive a rebate?

Eligible taxpayers will be those who owed and/or paid real estate property tax as of the second billing of the fiscal year ending June 30, 2022. Taxpayers who paid the fiscal year 2022 real property taxes in full on the January 2022 billing and are the property owner of record as of the second billing of the fiscal year ending June 30, 2022, are eligible to receive the rebate.

Any of these taxpayers who received a partial exemption will receive a five-cent rebate at a prorated amount.

Any of these taxpayers who were fully exempt from real property tax will not be eligible for a rebate.

Delinquent credits will be applied as part of the overall pool. Those who have a delinquent balance will see the rebate amount applied. The rebate will be first applied to the oldest delinquent amounts. If the rebate exceeds the delinquent amount, the balance will be credited to the next tax bill.

How is the rebate calculated?

The rebate is calculated by dividing the total taxable value of the property by $100, then multiplying the result by .05.  For example, a $260,000 taxable value/ $100 x .05 would result in a $130.00 credit.

Property owners who owe delinquent taxes to the city will see that credit applied to their outstanding balance (and then applied to their upcoming bill if the credit amount exceeds the delinquency).

How is the tax rebate possible?

A tax rebate is possible because the city has surplus dollars available from Fiscal Year 2022.

Because of this, the City can provide a one-time tax rebate across the board for all property owners.

Why not permanently cut the tax rate?

The tax rate should not be permanently cut because the nation’s economic climate is uncertain, and the City’s financial advisors do not recommend cutting the tax rate, which is currently at $1.20 per $100 of assessed value, at this time.

It is important to note that each penny reduction in real estate tax is equivalent to $3.4 million in lost revenue and each penny reduction also reduces the city’s debt capacity by approximately $4.2 million.

A permanent tax cut impacts the City’s ability to provide core services to residents, such as paving roads and garbage collection.

I haven’t been able to pay the full amount of tax due for this year. Will I be eligible for a rebate?

No. All real estate taxes owed for the tax year 2022 must be paid in full to qualify for the rebate.

I owe delinquent taxes from prior tax years. Am I eligible for a rebate?

All delinquent taxes from prior tax years must first be paid. 

I moved into the City of Richmond after June 30, 2022, will I be eligible for a rebate?

No.

 

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City Center Innovation District Request for Interest (RFI) Released

EDA and GRCCA invite experienced development teams to respond to the RFI 

The Economic Development Authority of the City of Richmond (“EDA”) and the Greater Richmond Convention Center Authority (“GRCCA”) are officially inviting development teams to submit information to be considered for Phase 1 of the City Center Innovation District Project (“City Center”).

Located in the heart of Downtown Richmond and within three blocks of the Greater Richmond Convention Center, the VA Bio+Tech Park, VCU Health, the State Capital, the Pulse Bus Rapid Transit line, and I-64/I-95, City Center is a prime redevelopment area. City Center is easily accessible throughout the Greater Richmond Region and the entire East Coat by road, rail, and air.

“Now is the time for Richmond to reinvigorate this part of our Downtown to be a more vibrant destination for innovation, residential life, and tourism,” said City Council Vice President Ellen F. Robertson.  “The collaboration between the Richmond EDA and GRCCA is the right approach to getting this redevelopment project done.”

“We are thrilled to start the redevelopment of our City Center and to align it with the vision of the City Center Innovation District Small Area Plan,” said Leonard Sledge, Executive Director of the Richmond EDA.  “All of the pieces are in place to position the redevelopment of the Coliseum site into a mixed-use, hotel-anchored development. We look forward to seeing this initial phase of the City Center redevelopment become a lively innovation district that attracts both established and startup companies, adds mixed-income housing, creates greenspace, expands tourism, and so much more, while also creating opportunities for as many Richmonders as possible.”

“The Greater Richmond Convention Center is an enduring testament to the power of regional cooperation,” said Brandon Hinton, Finance Committee Chair for GRCCA.  “Jointly owned by the City of Richmond and the Counties of Henrico, Chesterfield, and Hanover, the Convention Center adds tremendous value to the entire region, both in its role as an economic engine and as a cornerstone for our reputation as a thriving visitor destination.  Even so, a headquarters hotel has always been the missing link to fully maximizing this incredible facility’s potential.”

For the Request for Interest (RFI) document, please visit www.rva.gov/citycenter. Submissions are due on Tuesday, December 20, 2022, at 2:00 P.M. ET.

About the City Center Innovation District Small Area Plan

The City Center Innovation District Small Area Plan is a direct outcome of the Richmond 300:  A Plan for Growth, which has been awarded the 2021 Daniel Burnham Award for a Comprehensive Plan from the American Planning Association.  The City Center vision is to, “…be the place to live, learn, collaborate, create, and develop new life science businesses in a high density, walkable, urban full-service environment that includes multi-modal transportation options to city and regional neighborhoods and job centers.”
 

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