Augusta, 834 Greene Street Project

Closing Date: September 10, 2013
In September 2013, the Foundation provided a $250,000 loan to the Augusta DDA for the rehabilitation of a historic building located at 834 Greene Street in Augusta. The completed project houses six residential apartments.

Project Details

Loan Recipient
Augusta DDA

Sub-Recipient
The Belgian Elephant, LLC/ Mark Donahue

Project Cost
$716,370

GCF Loan Amount
$250,000

DD RLF Loan Amount, if any
N/A

Project Use
Six residential apartments
After
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