DCA Programs, Products and Services

1. DCA Programs, Products and Services An Overview With Case Studies October 18, 2007

2. DCA Programs, Products and Services • Employment Incentive Program (EIP) • Redevelopment Fund (RDF) • Downtown Development Revolving Loan Fund (DD RLF)

3. Employment Incentive Program • CDBG Annual Set-Aside for non-entitlement communities • Grants for public infrastructure and loans for fixed assets benefiting for-profit entities • Objective is job creation that benefit low and moderate income individuals • Apply anytime • $7.0 million available annually • Maximum Award $500,000

4. Bibb County - Bass Pro Outdoor World, LLC • Recipient - Bibb County • Sub-Recipient – Bass Pro Outdoor World, LLC • Grant Amount - $500,000 • Project – water and sewer • Private Investment - $43 Million • Jobs – 200

5. Source and Use

6. City of Adel and Cook County – Sanderson Farms, Inc. • Recipient – City of Adel and Cook County • Sub-Recipient – Sanderson Farms, Inc. • Grant Amount - $500,000 • Project – water and sewer • Private Investment - $16.7 Million • Jobs – 160

7. Source and Use

8. Atkinson County – First String Space, Inc. • Recipient – Atkinson County • Sub-Recipient –First String Space, Inc. • Grant Amount - $500,000 • Project – Building Acquisition • Private Investment - $1,391,642 • Jobs – 50

9. Source and Use

10. Redevelopment Fund • CDBG Annual Set-Aside for non-entitlement communities • Grants and loans for building rehabilitation and demolition • Objective is the alleviation of “slum and blight” • Apply anytime • $1.5 million available • Maximum Award $500,000

11. City of Comer • Recipient – City of Comer • Sub-Recipient – Downtown Businesses • Grant Amount - $500,000 • Project – Sidewalk and Road Improvements • Jobs – 20

12. Source and Use

13. City of Toccoa • Recipient – City of Toccoa • Sub-Recipients – 39 Downtown Businesses • Grant Amount - $500,000 • Project – Streetscape • Private Investment - $2.7 million

14. Source and Use

15. City of Rebecca • Recipient – City of Rebecca • Sub-Recipient – Cranky’s Corner Store • Grant Amount - $210,000 • Project – Rehabilitation • Private Investment - $310,000 • Jobs – 7

16. Source and Use

17. Downtown Development Revolving Loan Fund • State program for cities or counties with populations under 100,000 • Project must occur in downtown • Loans acquisition, rehabilitation, new construction and some M&E • Objective is to spur commercial development in the downtown • Maximum award $250,000

18. City of Monroe • Recipient – City of Monroe • Sub-Recipient – Mountain Creek Enterprises Inc. • Loan Amount - $250,000 • Project – Acquisition and Rehabilitation • Private Investment - $570,000

19. Source and Use

20. City of Watkinsville • Recipient – City of Watkinsville • Sub-Recipient – Robert and Ellen Elder • Loan Amount - $250,000 • Project – Rehabilitation • Private Investment - $385,000

21. Source and Use

22. City of Valdosta • Recipient – City of Valdosta • Sub-Recipient – Cox Restaurant Enterprises • Loan Amount - $225,000 • Project – Rehabilitation/ Construction • Private Investment - $675,000 • Jobs – 22.5 FTE

23. Source and Use

24. DCA Programs, Products and Services Contacts Employment Incentive Program • Andy Yarn (404) 679-1589 or ayarn@dca.state.ga.us Redevelopment Fund • Joanie Perry (404) 679-3173 or jperry@dca.state.ga.us Downtown Development Revolving Loan Fund • Alan Dickerson (404) 486-0224 or adickers@dca.state.ga.us