Rome, Olde House

Closing Date: April 12, 2006
On April 12, 2006, the Foundation closed a $116,000 loan to the Downtown Development Authority of the City of Rome. The DDA provided a simultaneous loan to Olde House, Inc. for the renovation of property located at 407-409 Broad Street in Downtown Rome. Upon completion, the property will house commercial, office and residential space.

Project Details

Loan Recipient
Rome Downtown Development Authority

Olde House, Inc.

Project Cost

GCF Loan Amount

DD RLF Loan Amount, if any

Project Use
Commercial, Office, Residential
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