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Natural Gas Infrastructure Financing
Georgia — state program5- to 20-year loans with tiered interest rates indexed to the interest rate received by the state on its most recent competitively-bid, general obligation bond issue
GEFA provides low-interest loans to eligible Georgia borrowers for natural gas system improvements and expansions, including pipelines, storage tanks, distribution systems, and related equipment. The program is designed to enhance system reliability and safety, support economic development, and improve quality of life for Georgians.
Program details
- Type
- loan
- Amount
- 5- to 20-year loans with tiered interest rates indexed to the interest rate received by the state on its most recent competitively-bid, general obligation bond issue
- Eligibility
- Cities and counties, state and local authorities, and boards or political subdivisions created by the General Assembly. Eligible projects must operate outside any certified area of a nonmunicipal gas company and involve acquiring, rehabilitating, constructing, or planning for the storage, supply, and distribution of natural gas in Georgia.
- Administrator
- Georgia Environmental Finance Authority (GEFA)
Source: Georgia — state program. Confirm current terms with the administering agency before applying.