Are you a non-profit organization?
Invest Atlanta is a State of Georgia registered local government authority. There are over 800 such authorities in the state. We receive our powers mainly through 2 pieces of legislation; the Local Government Authorities Registration Act and the Georgia Redevelopment Powers Law. The 1992 Census of Governments notes that authorities are by far the most rapidly growing type of government. We are in essence, a public body corporate and politic of the State of Georgia and an instrumentality (an agent) of the City of Atlanta. Invest Atlanta is able to receive charitable donations.
How do I qualify for a small business loan?
Invest Atlanta offers three types of business loan; BILF or Business Improvement Loan Fund, SBA loans and Phoenix Fund. To learn more, visit the Entrepreneurs & Small Business section of this website. Applications are also available for download.
We also offer monthly informational seminars that explain our loan programs and how they work. These meetings occur the last Wednesday of every month. To RSVP for one of these seminars, call Cynthia Freeman at 404-614-8294.
What is a tax allocation district (TAD)?
A tax allocation district (sometimes called TIF) is a financing incentive tool in which bonds are issued to pay for infrastructure and other improvements in a designated area, and those bonds are repaid by increases in property values (and corresponding property “tax increments”) from that area. A tax allocation district is not an increase in property taxes, but a way to stimulate reinvestment in an area by financing needed infrastructure or improvements from future tax proceeds from a designated area.
The City of Atlanta currently has 10 tax allocation districts including: Westside (Downtown), Eastside (Downtown), Princeton Lakes, Perry-Bolton, Atlantic Station, BeltLine, ML King/Hollowell, Stadium Neighborhoods, Campbellton Road and Metropolitan Parkway.
How do I qualify and apply for mortgage assistance?
Mortgage assistance is provided for homebuyers who meet certain income criteria and are purchasing a home within the Atlanta city limits. For more information, contact our Mortgage Loan Coordinator at 404-614-8280.
How can people who do not have a computer get information about Invest Atlanta and their programs?
Bridging the digital divide is one of the goals of one of our sister agencies, the Atlanta Workforce Development. They have ten Cyber Centers conveniently located throughout the City of Atlanta where you can take free classes on how to use a computer, email basics as well as intermediate and advanced computer training. Computers for use by the public are located at the main library on Mitchell Street.
To find a class near you, call Cyber Center at 404-880-7220 or visit their headquarters at 818 Pollard Blvd.