Items tagged with 'equity'
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News Items
Governor Perdue Announces OneGeorgia Awards
Governor Perdue Announces $18 million in OneGeorgia Awards Wednesday, June 30, 2010 GREENSBORO, GA –Governor Sonny Perdue and members of the OneGeorgia Authority Board met today at Festival Hall in downtown Greensboro to approve grants and loans from the OneGeorgia Authority’s portfolio of financing programs. These awards will assist with a variety of economic devel...
Application Requirements for Equity Grants
1. All applications must address local government finances and the ability or inability to accept funding alternatives. The applications will need to provide written evidence that GEFA, USDA and/or DOT were pursued as OneGeorgia should be the funding of last resort. 2. Please also note that projects with written support from two or more bordering and directly elig...
Revision to Equity Program Regulations: At the March 7, 2008, OneGeogia Authority Board meeting, board members approved a change to the Equity regulations. Executive Director, Nancy Cobb stated that the revision to the Equity Program regulation pertains to Section 413, 2(a) wherein the word ownership would be replaced with the word support. Cobb stated that approximate...
Project Highlights
Southeast Georgia JDA - Railroad Passing Siding
Feb 1, 2010
In June 2008, the OneGeorgia Authority awarded Equity loan funds of $1,000,000 to assist with the construction of a 12,600 linear foot railroad passing siding in Odum alongside the 182-mile Norfolk Southern (NS) Macon to Brunswick line to increase the capacity and efficiency of the Macon to Brunswick line. Total project cost is $4,198,634, which includes a USDA loan of ...
Dec 11, 2009
In May 2004 OneGeorgia awarded an Equity grant of $451,733 to assist with the construction of a new airport terminal building at the Thomasville Municipal Airport, a level III Regional Airport. The Regional Airport, often seen as the "gateway to the region" did not have adequate facilities or meeting space for visiting corporate executives of existing industries, indust...
Joint Development Authority of Jeff Davis County, Hazlehurst and Denton
Aug 28, 2009
In June 2007, the Joint Development Authority of Jeff Davis County, Hazlehurst and Denton was awarded $500,000 in OneGeorgia Equity loan funds to assist with the acquisition of a 140,000 SF industrial/commercial building located on 4 acres in Hazlehurst to support the relocation and expansion of McPherson Manufacturing Corporation. The company, committing to investing $...


