Compilation of Rules and Regulations of the State of Georgia
Department 110 - RULES OF GEORGIA DEPARTMENT OF COMMUNITY AFFAIRS
Chapter 110-19 - DOWNTOWN DEVELOPMENT REVOLVING LOAN FUND (DD RLF)
Subject 110-19-1 - DOWNTOWN DEVELOPMENT REVOLVING LOAN FUND (DD RLF)
Rule 110-19-1-.01 - Purpose
Universal Citation: GA Rules and Regs r 110-19-1-.01
Current through Rules and Regulations filed through September 23, 2024
The purpose of the Downtown Development Revolving Loan Fund (DD RLF) is to assist cities, counties and development authorities in their efforts to revitalize and enhance downtown areas by providing below-market rate "gap" financing to fund capital projects incore historic downtown areas and adjacent historic neighborhoods where DD RLF will spur commercial redevelopment.
O.C.G.A. §§ 50-8-3, 50-8-5, 50-8-8.
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