GreenCity Development: Community Development Authority

Finance Director Meghan Coates explains how a community development authority, or CDA, would support the proposed GreenCity development. As envisioned, a CDA would be established to finance a 17,000-seat arena using taxes generated onsite by the development. Henrico County has used CDAs to support the developments of Short Pump Town Center, Reynolds Crossing and White Oak Village. More information is at

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