Covington's Expansion Project - 2006 Valdosta Cox Restaurant Enterprises Ltd.In August 2006, the Foundation provided a $225,000 loan to the Central Valdosta Development Authority for the renovation of two buildings on Patterson Street. One building contains a restaurant while the other has space for catering and rental business on the first floor and the owner's residence on the second floor. Project Cost: $1,125,000 GCF Loan Amount: $225,000