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Incentive Toolkit
The Atlanta Development Authority (ADA) as a variety of tools in its toolkit to support development and business growth in the City of Atlanta including; tax increment financing (known as TADs in Georgia), Urban Enterprise Zones, 501(c)3 bonds, multifamily tax exempt bonds, and small business loans, to name a few. The programs shown below are managed both by ADA and our partners.  |
Bond Programs |  |
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Small Business Loans | |
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Grants, Conduit Loans & State Tax Credits |  |
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TAD Programs | |
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New Markets Tax Credits | |
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| Incentive Type & Criteria | REBA | Economic Opportunity Fund | Life Sciences Facilities Fund | Opportunity Zone |
| Minimums and Maximums | No more than $750,000, may be waived upon recommendation of Commissioner of DCA | Funding determined on a case-by-case basis | No maximum, but generally no more than 15% of fixed-asset needs | State Job Tax Credits against income tax liability and withholding of $4,000 per new job to GA |
| Eligible Activities | 1) Public land acquisition; 2) Public infrastructure improvements; 3) publicly owned machinery and equipment; 4) publicly owned/privately leased assets, machinery & equipment |
Funding of acquisition or construction of land, buildings and equipment, infrastructure or leasehold improvements, parking subsidiaries, relocation costs, workforce training, etc. | Purchase of fixed assets | Defines �business enterprise� to include all businesses |
| Eligible Applicants | For-Profit Businesses | Businesses or Non-Profit Organizations | For-Profit Life Science Companies | For-Profit Businesses |
| Other Requirements | ||||
| Eligible Areas | Citywide | Citywide | Citywide | Urban Enterprise Zones with approved redevelopment plans |
| Jobs Created/Retained | Company must submit a detailed job creation and retention plan | At least 5 quality jobs providing healthcare coverage | Company must submit a detailed job creation and retention plan | At least 5 new jobs |
| Application Fee | No fee | No fee | No fee | No fee |
If you have questions about these Programs, please contact:
Gregg Simon, Manager of Business Engagement
404-614-8301
gsimon@atlantada.com
Definition of Incentives
REBA: Projects should retain or create jobs in Georgia and result in new private investment in GeorgiaEconomic Opportunity Fund: Increases the capital available for development and business growth, emphasizing the creation of quality jobs, read more>>
Life Sciences Facilities Fund: Provides loan assistance to expanding or relocating emerging or development-stage life science companies, read more>>
Opportunity Zone: Encourages job creation and investment by offering state job tax credits in �less developed areas�, read more>>
