Search for:
About
Board of Directors
Staff
Contribute
Programs & Services
Revolving Loan Fund
Georgia Downtown Renaissance Partnership Programs
Renaissance Strategic Visioning & Planning (RSVP) Program
Downtown Renaissance Fellows Program
Georgia Economic Placemaking Collaborative
Heart & Soul Downtown Workshop
Awards
The Development Sessions
Projects
Search
Projects
Ellijay, 6 River Street
Closing Date: December 20, 2018
On December 20, 2018, GCF provided a $178,000 loan to the Downtown Development Authority of the City of Ellijay. The DDA made a simultaneous loan to Grace Grace Investments, LLC to partially finance the acquisition and renovations of a building located at 6 River Street, Ellijay, Georgia. The completed project will contain five commercial spaces and four residential apartments
Project Details
Loan Recipient
Downtown Development Authority of the City of Ellijay
Sub-Recipient
Grace Grace Investments, LLC
Project Cost
$531,000
GCF Loan Amount
$178,000
DD RLF Loan Amount, if any
N/A
Project Use
Mixed-use
Foundation Project Impacts
335 New Downtown Businesses
2196 New Jobs Downtown
$208 Million in Private Investments
8 Cultural Facilities
347 Downtown Housing Units
157 Hotel Units Downtown
1,600,000 Redevelopment Floor Area sf
229,000 New Construction sf