The purpose of the Equity Fund is to provide a program of financial assistance that includes grants, loans and any other forms of assistance authorized by (O.C.G.A.50-34-1 et seq.) to finance activities that will assist applicants in promoting the health, welfare, safety, and economic security of the citizens of the state through the development and retention of employment opportunities in areas of greater need as defined by the Georgia Business Expansion and Support Act of 1994, as amended (O.C.G.A.48-7-40).

Eligible Applicants

Eligible recipients of grant and loan funds include general-purpose local governments (municipalities and counties), local government authorities and joint or multi-county development authorities in rural counties suffering from high poverty rates. 

Click for the official eligibility map.

Eligible Use

Projects relating to water and sewer infrastructure, road, rail and airport improvements, industrial parks, workforce, technology, and tourism. 

OneGeorgia Equity should be viewed as funding of last resort when no other public or private funding is available. Funds for public activities require local investment and must demonstrate potential return on investment impact.

Contact

Gina Webb [email protected]

The next deadline to apply is October 14, 2022.