The purpose of the Hampton Development Authority is to stimulate and sustain economic development in Hampton by developing trade, commerce, industry and employment opportunities for the public good and general welfare. The HDA serves non-profit and public purposes and is an institution of purely public charity.
The HDA is most effectively used when its financing and public administration abilities are reserved for any industrial, commercial, business, office that would:
1) Further trade, commerce, industry and employment opportunities.
2) Promote revenue and growth.
3) Produce a mutual benefit to City and developer as a result of a bond transaction.
MEET THE HAMPTON DEVELOPMENT AUTHORITY BOARD MEMBERS