In September 2016, GCF provided a $250,000 RLF loan to the Macon-Bibb County Urban Development Authority for the rehabilitation of a commercial building located at 535 Second Street in downtown Macon. The Authority provided a simultaneous loan to Poplar Street Lofts, LLC, the project's developer. The completed project contains one commercial space and nine residential apartments. CenterState Bank is the project's senior lender. The total project cost is $765,600.
Project Cost: $765,600 GCF Loan Amount: $250,000