Overview:
The Georgia Environmental Finance Authority offers loans and tax credits to help communities conserve land, ensure water supply, promote energy efficiency and reduce waste.
What You Should Know:
- The Georgia Land Conservation Program accepts loan applications from cities and counties to protect land, minimize erosion and encourage outdoor recreation. Applications are accepted all year and are considered at quarterly meetings. The program also offers tax credits for property owners who preserve land.
- The Georgia Fund Loan Program supports water, wastewater and solid waste infrastructure improvements. Repaid over the course up to 20 years, these low-interest loans fund projects from $20,000 to $3 million.
- Both the Clean Water State Revolving Fund and the Drinking Water State Revolving Fund improve water quality and strengthen public health initiatives.
- The Georgia Reservoir and Water Supply Fund helps local governments plan for future water supply needs. Projects in need of funds from $20,000 to $10 million may apply for this low-interest loan.
- Until December 2014, taxpayers who invest in clean energy efforts may apply for the Georgia Clean Energy Property Tax Credit. As annual funds are limited, you'll want to pre-apply with GEFA and submit your final paperwork to the Georgia Department of Revenue as soon as you complete your project.
- Local governments may request up to $3 million in solid waste loans or apply for recycling and waste reduction grants.
Source: Georgia Environmental Finance Authority. This information was prepared as a public service of the State of Georgia to provide general information, not to advise on any specific legal problem. It is not, and cannot be construed to be, legal advice. If you have questions regarding any matter contained on this page, please speak with the agency that is the source of the information.