What We Do
The Secretary of Commerce and Trade oversees the economic, community, and workforce development of the Commonwealth. Each of the 13 Commerce and Trade agencies actively contributes to the Commonwealth's economic strength and high quality of life.
Whether you are looking to start a small business or relocate a multi-million dollar company in Virginia, we are ready to assist you.
Foreclosure Prevention Task Force
In November, Governor Timothy M. Kaine announced the formation of Virginia’s Foreclosure Prevention Task Force. The intent of the task force is to protect and preserve homeownership for Virginia’s working families and communities in light of the current foreclosure trends.
The task force is chaired by Secretary of Commerce and Trade Patrick Gottschalk and will work to:
- Collect and analyze data to assess foreclosures in Virginia and determine level of homeownership preservation needs.
- Identify and review financial and programmatic resources available to homeowners to minimize the number of foreclosures.
- Recommend outreach, counseling and educational programs and activities that focus on foreclosure prevention and support to homeowners.
- Review existing Virginia laws and regulations and recommend appropriate revisions, including legislative actions if needed.
For more information on the Task Force, view the Governor's press release.
Visit the new Virginia Foreclosure Prevention Task Force website.