$1,000,000 in OneGeorgia Funds Awarded to Rural Communities
The Joint Development Authority (JDA) of Jeff Davis County, Hazelhurst, Denton and the Twiggs County Board of Commissioners have been awarded $500,000 each in OneGeorgia Authority Equity funds. With the award, the regions will work toward fueling economic development and job creation.
The OGA Equity Fund provides financial assistance to rural communities to help build capacity and the necessary infrastructure for economic development. The program is designed to serve as a flexible community and economic development tool, providing grants and loans for eligible projects in rural Georgia. OGA programs are administered by DCA.
With the awarded $500,000, the JDA will provide $1,360,000 to match OneGeorgia’s contribution. The equity loan will fund capacity building improvements to the newly acquired Propex buildings to attract industry. With the cost of renovating totaling $1,860,000, Arising Industries Inc, a cargo trailer manufacture, has stated its interest to lease or purchase the building after renovation. This will lead to the creation of up to 50 jobs in the span of three to five years as part of a local expansion plan.
Twiggs County Board of Commissioners plans to utilize its $500,000 for sanitary sewer improvements to increase the capacity of the county’s wastewater facility. Sewer improvements at the site, located at Twiggs County I-16 Industrial Park, will enable the community to increase its limit for handling the currently unmet needs of existing businesses, two proposed retail businesses and the proposed warehouse on the I-16 tract in the industrial park. The total project cost is $888,448.
With a partnership of three companies, Sutlej Investments LLC, SW Management, and Georgia Carolina Foods, the expansion into industrial parks will create a minimum of 225 jobs. Sutlej Investments plans to add 30 full or part-time jobs while SW Management will develop a $30-$40 million distribution facility that will be completed by summer 2022. The facility will employ 200-300 full-time or part-time workers. In addition, Georgia Carolina Foods will build a $1,500,000 commercial business which will also add 25 jobs.
“Economic vitality in rural Georgia is a top priority for OneGeorgia,” Nick Buford, OneGeorgia Director, states. “With these awards, we look forward to seeing these communities propel forward as infrastructure and economy-based projects begin to initiate and citizens’ quality of life improve even further.”