The Development Authority of Fulton County offers financing and other services that promote the establishment and growth of businesses and institutions—from small enterprises to major corporations and institutions. We also go the extra mile to help our clients understand financing, the intricacies of government permitting and the advantages of doing business in Fulton County, Georgia. Bond financing, which differs considerably from conventional loan transactions, offers many potential savings in taxes and financing fees for qualified projects.

Bond Financing

In addition to the issuance of tax exempt bonds, the Development Authority of Fulton County (DAFC) issues taxable bonds. If this method of financing is used, the DAFC takes title to the project, real and personal and leases same back. The borrower is taxed on the value of the leasehold interest.

The process for obtaining bond financing is simple:

• Application for Industrial Development Bond Inducement (1 page)
• Presentation to the DAFC board re the project (3 – 5 minutes)
• Applicant continues financial discussion with its underwriter or banker
• Final Bond Resolution presentation to the DAFC (3 – 5 minutes)
• If the DAFC approves, bond closing normally takes place within 2 – 3 weeks
  Bonds are validated

Prospective applicants are encouraged to weigh the costs and potential savings of bond financing before completing the Bond Inducement Application Form. If the client needs a tax savings analysis for this comparison, the staff of the DAFC would run such an analysis.

For clients considering capital investments of a minimum of $25 million, we are available to assist with helping locate available acreage, existing locations or facilities in Fulton County that to your needs.

To help you meet project deadlines and timelines and to help take the stress out of the permitting process, we can facilitate project concept meetings and act as a liaison with departmental decision makers within Fulton County government as well as with municipalities throughout the county.

Workforce Training

The Authority is your link to workforce training programs operated by Fulton County and the state of Georgia —high-quality, job-specific training that can meet your company’s standards and timelines.

The Development Authority of Fulton County has a program of innovative and competitive incentives for which your project may qualify.