Grant & Loan Awards: Dougherty County


Dougherty County

Equity Fund: $500,000

Awarded: 05/09/2003

Applicant: Albany-Dougherty Inner City Authority

Equity funds to assist with site improvements in the development of the 120 room Hilton Garden Inn Hotel and adjoining 20,000 SF Conference Center along the Flint River in downtown Albany. This project is located near the community's existing 10,000 seat civic center and is seen as a key component of Albany's Downtown Riverfront Revitalization Master Plan adopted in 1998. The applicant expects more than 100 jobs to be created as a result of this project.

Total Budgeted Project Cost: $16,757,000

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