Compilation of Rules and Regulations of the State of Georgia
Department 110 - RULES OF GEORGIA DEPARTMENT OF COMMUNITY AFFAIRS
Chapter 110-7 - REGIONAL ECONOMIC BUSINESS ASSISTANCE GRANT PROGRAM
Subject 110-7-2 - REGIONAL ASSISTANCE PROGRAM
Rule 110-7-2-.01 - Purpose
The purpose of the Regional Assistance Program is to support the development of multi-county and regional economic development projects. Regional economic development projects include, but are not limited to the construction and/or acquisition of regional facilities and multi-county non-construction activities important to regional economic development. Projects must demonstrate significant impact on a region's job growth, job growth potential, regional cooperation, or retention and increased competitiveness of existing industry. Projects should demonstrate significant financial commitment by local governments participating in the project. One or more local governments must demonstrate commitment by each participating unit of local government to improve the level of services related to economic development activities. Private sector participation is encouraged.
O.C.G.A. Sec. 50-8 and Appropriations Act. O.C.G.A. Secs. 50-8-3(b)(5), 50-8-8.