Redevelopment Fund Program
Program Description | Downloads & Related Links | Contact Information
Program Description
Redevelopment projects can be the most challenging economic and community development projects a local government undertakes. The Redevelopment Fund gives local governments access to flexible financial assistance to help them implement projects that cannot be undertaken with the usual public sector grant and loan programs. The Redevelopment Fund finances locally initiated public/private partnerships to leverage investments in commercial, downtown and industrial redevelopment and revitalization projects that wouldn't proceed otherwise. In other DCA CDBG programs, funded projects that create jobs must meet applicable low- and moderate-income criteria. The Redevelopment Fund uses a different HUD national objective of "eliminating slums or blight." As a result, many smaller scale projects (in downtown areas, blighted industrial areas, etc.) will be competitive for Redevelopment Fund financing. The Redevelopment Fund may be combined with other DCA CDBG programs to reduce the economic challenges of redevelopment projects and increase their investment potential.
Downloads & Related Links
Redevelopment Fund Fact Sheet (PDF)
Redevelopment Fund Project Descriptions and Outcomes (PDF)
Application Manual (Word document)
Application Manual (PDF)
Initial Project Assessment Form (Word document)
Initial Project Assessment Form (PDF)
Contact Information
For more information contact Nyanza Duplessis at (404) 679-0668.
Georgia Department of Community Affairs
60 Executive Park South, N.E.
Atlanta, Georgia 30329-2231
