Georgia
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1998 Accomplishments
Fiscal Year '98 saw Rural
Development's financial investment exceed $200,000,000 in the State of Georgia.
The information that follows will provide you with a brief description of the
program type, the dollar outlay, and the estimated number of people helped.
Single Family Housing Programs
Guaranteed Home Ownership Loans
$109,816,600 1,314 Families
Direct Home Ownership Loans
$19,129,693
337 Families
Leveraged Home Ownership Loans
$7,224,767 124
Families
Home Repair Loans and Grants
$1,768,680
308 Families
Self-Help Housing Loans
$22,765
3 Families
Multi-Family Housing Programs
Rural Rental Housing Loans
$ 2,135,600
66 New Rental Units
Rural Housing Rehabilitation Loans
$ 1,000,000
82 Units Rehabilitated
Rental Assistance
$ 573,386
56 Rental Units
Community Programs
Water and Waste Loans and Grants
$30,740,880 8,065 Users in 12
Communities
Community Facility Direct & Guaranteed
$ 5,425,000
Long Term Care Facility
Appalachian Regional Commission Grants
$ 1,750,750 1,146 Jobs Created or
Saved
Business Programs
Guaranteed B&I Loans
$69,222,921 26 Loans
839 Jobs Created 1,601 Jobs Saved
Direct B&I Loans
$750,000 1
Loan 20
Jobs Created 40 Jobs Saved
Rural Business Enterprise Grants
$ 929,878 12
Projects 754 Jobs Created 247
Jobs Saved
Intermediary Relending Program
$ 2,000,000 1 Loan Assumption which
benefited the largest rural EC in the nation. 11 Active Revolving Loan Fund
Accounts 1,691 Jobs Created, 2,226 Jobs Saved
This information reflects the wide variety of services that USDA Rural
Development has available to rural families and communities. Georgia
consistently ranks as one of the top States in loan and grant funds extended.
For more information on the individual loan and grant programs available, go to
"What We Do".
Last Updated : April 27, 2004