Rome, Manning Project

Closing Date: November 17, 2011
In November 2011, the Foundation provided a $120,000 loan to partially finance the acquisition and renovation of property located at 326 Broad Street for retail and commercial uses. The total project cost is $120,000.

Project Details

Loan Recipient
Downtown Development Authority of the City of Rome

Sub-Recipient
Orville and Joyce Manning

Project Cost
$120,000

GCF Loan Amount
$48,000

DD RLF Loan Amount, if any
N/A

Project Use
Commercial
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