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Before
During
After
Foundation Project Impacts
189 new downtown businesses
964 new jobs downtown
7 cultural facilities
136 downtown housing units
$66.2 million in private investments
Projects
McDonough, Hamilton Building
Closing Date: November 6, 2009
The Foundation provided a $90,625 loan to the Downtown Development Authority of the City of McDonough for the rehabilitation of the Hamilton Building in downtown McDonough. The completed project houses commercial office space. The total project cost is $795,450.
Project Details
DDA or Similar Entity Receiving GCF Loan Funds
McDonough DDA
Sub-recipient
34 Macon Street, LLC
Project Cost
$795,450
GCF Loan Amount
$90,625
DD RLF Loan Amount
$90,625
Proposed Use
Commercial Office Space
© 2009 Georgia Cities Foundation