Rome, 226 Broad Street

Closing Date: August 11, 2011
In August 2011, the Foundation provided a $106,000 loan to the Rome DDA for the acquisition of a two-story commercial building located at 226 Broad Street in downtown Rome. The building presently houses three commercial spaces, including the Borrower’s retail business. The total project cost is $265,000.

Project Details

Loan Recipient
Rome DDA

Nancy Brown, LLC

Project Cost

GCF Loan Amount

DD RLF Loan Amount, if any

Project Use
Foundation Project Impacts
299 New Downtown Businesses
1728 New Jobs Downtown
$147 Million in Private Investments
8 Cultural Facilities
288 Downtown Housing Units
157 Hotel Units Downtown
1,352,805 Redevelopment Floor Area sf
200,267 New Construction sf