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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".

Please send any comments or suggestions to:   craig.scroggs@ga.usda.gov

Last Updated : February 06, 2003