Announcements:

Governor Perdue announces OneGeorgia Awards

Cordele, GA - Governor Perdue announced more than $13.6 million in grant and loan awards from the OneGeorgia Authority Equity and Edge programs to spur economic development in Georgia's most economically distressed communities.

Development Authority of Richmond County/Partridge Inn

Equity loan funds will be used to assist with building improvements for the renovation of a historic hotel known as the Partridge Inn located on Walton Way in Augusta . Walton Holdings, LLC, will purchase and renovate the hotel that was built in 1861. The renovated hotel will house two restaurants, a wide array of meeting space and 132 guest rooms. The project will enhance the size and quality of many of the small and poorly configured rooms and provide a boot to the 12 county Central Savannah River Area's tourism efforts.

• Equity loan award: $275,000
• Total Project Cost: $13,626,000 (Private Investment = $10,901,000)
• Date of Award 6/15/2005
• 53 new jobs within five years

Housing Georgia 2005 Conference

"Honoring Excellence"

Wednesday, November 17, 2005

8:30 am - 3:00 pm

for more conference information visit:

https://www.dca.ga.gov/housing/HousingDevelopment/MagnoliaAwards/index.asp

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