On August 20, 2009, the Georgia State Financing and Investment Commission (GSFIC) took action to officially recognize the Recovery Zone Bond (RZB) allocations made by the United States Department of Treasury. The American Recovery and Reinvestment Act of 2009 created two new bond programs for local governments: Recovery Zone Economic Development Bonds and Recovery Zone Facility Bonds. The ability of local governments to use both types of Recovery Zone bonds expires on December 31, 2010. The allocation for the City of Columbus is $2,090,000 of Recovery Zone Economic Development Bonds and $3,135,000 for Recovery Zone Facility Bonds. The Recovery Zone Economic Development Bonds are for public infrastructure and facilities. The Recovery Zone Facility Bonds are tax-exempt private activity bonds for financing economic development.
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Several areas of the community (census tracts/block groups) have been designated as Recovery Zones areas by the City of Columbus. Click the button below to view a map of Columbus' Recovery Zones.View Recovery Zones Map Button
For more information about Recovery Zones, please contact Will Johnson, (706) 225-3930. Or visit the Georgia Department of Community Affairs Recovery Zones web page.
Government Annex Building
420 10th Street
Columbus, Georgia 31902
Phone: (706) 653-4421
Fax: (706) 653-4534
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