Rome-Floyd Development Authority approved a resolution allowing DermaTran Health Solutions to change the backers of a $7 million bond package. The original financing for the deal was to come from Southern Highlands. Since then, DermaTran opted to switch to Citizens First Bank of Rome.

The U.S. Department of Energy is expected to give final approval for $6.5 billion in loan guarantees for two nuclear reactors under construction in Georgia by a consortium led by Southern Co.

The Atlanta City Council at its meeting approved authorization of the Perry-Bolton Tax Allocation District (TAD) bonds. The Perry-Bolton/northwest Atlanta TAD was established in 2002 to redevelop more than 500 acres of underdeveloped real estate. The Perry-Bolton TAD has at least four projects under construction.

The town of Braselton, and the cities of Claxton, Elberton, Flowery Branch, Pooler, Thomaston, and Unadilla were awarded financing totaling $15,481,809 for water and wastewater infrastructure improvements by the Georgia Environmental Finance Authority (GEFA) board of directors. Five of the loans include water conservation activities and qualify for a reduced interest rate.

Georgia property owners would be able to contract directly with solar energy installers to finance the installation of solar panels under legislation introduced in the General Assembly. The bill would let property owners lease solar panels instead of having to buy them with cash up front.

March 5, 2014 @ 2:00 pm EST
Tax increment financing is known by many names, but each state has a slightly different approach for employing this financing tool in their redevelopment efforts. During this dual-state webcast, Georgia's Tax Allocation Districts (TAD) and Texas' Tax Increment Reinvestment Zones (TIRZ) will be compared side-by-side with examples that help shed light on the effectiveness of each policy.

June 4, 2014 - Atlanta, Georgia
Join the CDFA Georgia Financing Roundtable for a one-day conference on "Development Finance Best Practices: Programs and Tools that Work." This event will feature a number of economic development finance experts from around the state discussing new development finance tools, authorities, resources and approaches, and how these can affect the Georgia economy going forward.

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The Georgia Transportation Infrastructure Bank Loan Program is intended for government units and authorities, and covers costs related to preliminary engineering, traffic and revenue studies, environmental studies, right of way acquisition, legal and financial services associated with the development of the qualified project.

The City of Savannah's 2013-2017 Consolidated Housing and Community Development (HCD) Plan is a comprehensive plan addressing the City's housing, homelessness, and non-housing community development needs for the five-year period. The plan highlights four core areas which are: Housing including special needs and fair housing; Economic Development including workforce development, corridor improvement, and poverty reduction; Public/Human Services; and Homelessness.

The Appalachian Regional Commission released this report which is an assessment of food system infrastructure, access to capital for entrepreneurs, education, and regional capacity in the Appalachian region.

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