In May 2015, the Foundation provided a $185,000 loan to the Downtown Development Authority of Augusta to partially finance the renovation of the historic Henry Kennedy Building located at 1022-1026 in downtown Augusta. The DDA provided a simultaneous loan to Henry Kennedy Bldg, LLC, the project’s developer. The completed project houses two street-level commercial spaces and four residential apartments. The total project cost is $464,000.
Project Cost: $464,000 GCF Loan Amount: $185,000