September 3, 2020

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State of Georgia government websites and email systems use “georgia.gov” or “ga.gov” at the end of the address. State of Georgia government websites and email systems use “georgia.gov” or “ga.gov” at the end of the address. The Water Resources Division supports the development of water, wastewater, and solid waste infrastructure projects, which help protect the environment, facilitate economic development, accommodate population growth, and safeguard public health. Local, state, and federal government websites often end in .gov. 09/03/2020 . Second, this government service should belong primarily in the private sector. 2 Martin Luther King Jr. Dr. This kind of “tax recycling” effectively means some citizens are being taxed double to support these projects. GEFA, founded in 1985 with a first-year appropriation of $20 million, was created to provide local governments with easy access to inexpensive financing for water and sewer system improvements. Before sharing sensitive or personal information, make sure you’re on an official state website. Call 1-800-GEORGIA to verify that a website is an official website of the State of Georgia. Small and Disadvantaged Communities Drinking Water Grant, Additional Supplemental Appropriations for Disaster Relief Act Call for Projects, Independent Registered Municipal Advisor Exemption, Facebook page for Georgia Environmental Finance Authority, Twitter page for Georgia Environmental Finance Authority, Linkedin page for Georgia Environmental Finance Authority, YouTube page for Georgia Environmental Finance Authority, Click here to learn more about the changes to our business operations. In 2010, Governor Nathan Deal signed SB194, companion legislation to Senate Resolution 1231. State of Georgia government websites and email systems use “georgia.gov” or “ga.gov” at the end of the address. In addition to new programs and initiatives, GEFA has also increased the scope of its responsibility. Founded in 1985, GEFA facilitates programs that conserve and protect Georgia’s energy, land, and water resources. Atlanta, GA 30334 Unfortunately, the page you're looking for is no longer available at this address. GEFA was created by the Legislature as the Georgia Environmental Facilities Authority in 1985 to assist local governments in “constructing, extending, rehabilitating, repairing and renewing environmental facilities.” Most importantly, it was also created to aid in the “financing of such needs by providing grants, loans, bonds and other assistance to local governments.” Originally, GEFA was only authorized to make loans for water supply or wastewater treatment and related facilities. [2], The Fuel Storage Tank Program is responsible for monitoring, upgrading, replacing or closing underground and aboveground state-owned fuel storage tanks. The Foundation provides actionable solutions to real-life problems by bringing people together. © Georgia Public Policy Foundation (June 19, 2020). Those funds are then used to offer loans to local governments, which repay them using local taxes and debt. This publication was developed by Southface Institute in partnership with the Georgia Environmental Finance Authority (GEFA). These programs include the Weatherization Assistance Program, the State Energy Program and Energy Performance Contracting. There is, however, $488.1 million available in the “Georgia Fund” portion derived from state taxes. Local, state, and federal government websites often end in .gov. The Georgia Environmental Finance Authority provides loans for water, sewer and solid waste infrastructure; manages energy efficiency and renewable energy programs; oversees land conservation projects; and manages and monitors state-owned fuel storage tanks. Call 1-800-GEORGIA to verify that a website is an official website of the State of Georgia. West Tower, Suite 702 This would put GEFA among the 10 largest financial institutions headquartered in the state of Georgia. About Us About the Executive Director Board of Directors Contact Information Current Program Activities and Benefits The Georgia Environmental Finance Authority (GEFA), headquartered in Atlanta, provides financing for a variety of energy, land, and water projects. 2) International Garage: 192 Peachtree Center Ave, Atlanta, GA 30303 Our mission is to conserve and improve Georgia's energy, land and water resources. Adjusters, Counselors, & Surplus Lines Brokers, Facebook page for Georgia Office of Insurance and Safety Fire Commissioner, Twitter page for Georgia Office of Insurance and Safety Fire Commissioner, Linkedin page for Georgia Office of Insurance and Safety Fire Commissioner, YouTube page for Georgia Office of Insurance and Safety Fire Commissioner. Before COVID-19, Georgia was already projecting a debt burden. By offering loans at a below-market interest rate, thanks to the taxpayer subsidy, GEFA crowds out private-sector solutions for developing public facilities in markets with AA and AAA bond ratings. Peachtree Center is home to professional offices and retail shops. Moreover, GEFA cannot be considered a lender of last resort anymore, as it now offers loans to local governments like Atlanta, Savannah, Gwinnett County and others with high credit ratings. To date, GEFA has provided more than $4.5 billion in low-interest loans to cities, counties, and infrastructure authorities for improvements to water, wastewater, and solid waste systems. Instead, please call for assistance between 8am and 6pm, Monday - Friday. The Energy Resources Division promotes energy efficiency, renewable energy, and energy assurance programs that improve the environment, strengthen quality of life, and stimulate sustainable economic development and growth. The Georgia General Assembly reconvened June 15 to resume the 2020 session halted in March by the novel coronavirus pandemic. Limiting the pool of funds available for allocation would also reduce the overall exposure for state taxpayers. Using funding through the U.S. Department of Energy's State Energy Program, GEFA purchased nine Kohler generators to be deployed by GRWA in emergency situations. Our office is temporarily closed to walk-in appointments. GEFA started as a small agency with a small pool of capital and a relatively low loan limit. How you know. United States. The current recession will further debilitate its finances. Public Notice: Notice of Draft Groundwater Withdrawal Permit – Georgia Pacific – Cedar Springs, Early County – August 26, 2020. 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