Downtown Rental Incentives - WALB.com, South Georgia News, Weather, Sports

Downtown Rental Incentives

To encourage more retail businesses in downtown Albany, the city is kicking off a rental incentive program.  It's offered through the department of community and economic development and is available to retail businesses that have opened or will open this year.   

If a business is approved, they'll receive rent assistance for 18-months.  They'll get 50% of their rent the first six months, 33% the next six, and 17% for the final six.

Downtown Manager Aaron Blair said, "This is a program that will help teach them. There's classes available for them.  There's things in there, it's just not we're going to give you rent, you have to be part of the program, which means you're going to get help throughout the 18 months to make sure you're successful."   

The city has a list of guidelines listed on its website along with the application. 

Copyright 2011 WALB.  All rights reserved.   Feedback

  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • The Latest: Irma weakens into a tropical depression

    The Latest: Irma weakens into a tropical depression

    Monday, September 11 2017 3:27 AM EDT2017-09-11 07:27:29 GMT
    Tuesday, September 12 2017 2:42 AM EDT2017-09-12 06:42:09 GMT
    Irma weakened to a Category 1 storm as the massive hurricane zeroed in on the Tampa Bay region early Monday after hammering much of Florida with roof-ripping winds, gushing floodwaters and widespread power outages.More >>
    Irma weakened to a Category 1 storm as the massive hurricane zeroed in on the Tampa Bay region early Monday after hammering much of Florida with roof-ripping winds, gushing floodwaters and widespread power outages.More >>
  • UPDATE: Two dead in early morning Lee fire

    UPDATE: Two dead in early morning Lee fire

    Friday, September 22 2017 11:27 AM EDT2017-09-22 15:27:51 GMT
    One person was in the yard, and two were inside (Source: WALB)One person was in the yard, and two were inside (Source: WALB)

    Lee County Fire Chief David Forrester said there were two people in the home, and they saw one person in the front yard.  Two people in the home were transported to Phoebe Putney.

    More >>

    Lee County Fire Chief David Forrester said there were two people in the home, and they saw one person in the front yard.  Two people in the home were transported to Phoebe Putney.

    More >>
  • President Carter to be honored at GSW Presidential Plaza dedication

    President Carter to be honored at GSW Presidential Plaza dedication

    Friday, September 22 2017 11:26 AM EDT2017-09-22 15:26:12 GMT

    Dedication of Georgia Southwestern State University's "Presidential Plaza"  is scheduled for 11:00 a.m. at the Wheatley Administration Building Lawn, on the Georgia Southwestern State campus in Americus. This new area on campus serves as the centerpiece to the University's signature entrance.  The west or front side of the plaza features a set of planted hedges that spell "GSW." The east or plaza side includes a mounted hand signature in cement from Pre...

    More >>

    Dedication of Georgia Southwestern State University's "Presidential Plaza"  is scheduled for 11:00 a.m. at the Wheatley Administration Building Lawn, on the Georgia Southwestern State campus in Americus. This new area on campus serves as the centerpiece to the University's signature entrance.  The west or front side of the plaza features a set of planted hedges that spell "GSW." The east or plaza side includes a mounted hand signature in cement from Pre...

    More >>
Powered by Frankly