Grant & Loan Awards: Carroll County


Equity

Carroll County

Equity Fund: $498,226

Awarded: 12/16/2002

Applicant: Bowdon Hospital Authority (Carroll Co)


Description:
Equity funds to assist in the construction of a facility in Bowdon to accommodate up to 80 children for the KidsPeace Georgia Residential Program for Children. Market research has revealed that over 300 Georgia children are on waiting lists for specialized residential treatment. The construction of the facility will address an urgent need for Georgia's children as well as create 81.5 jobs and generate an estimated annual payroll of $4 million in a Tier 2 community. The program will serve male and female youth from ages 13 - 18 years.


Total Budgeted Project Cost: $7,598,230


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