Hal and Pricilla Carter, from Sylvester, GA, bought the building from the City in the summer of 1999. Eight upscale apartments will be on the second floor and seven businesses will be on the first floor. A low interest loan pool is available to encourage the continuation of economic revitalization with the historic central business district of Bainbridge. Thereby, offering an incentive for investment and improvement projects, so as to maintain a viable and competitive downtown. Loans may be used for fa ade renovation to include signs, awnings, painting or any type of permanent improvement.
Eligible uses apply to both interior and exterior renovations.
Roofing, mortar, and masonry, electrical re-wiring, structural modifications, air conditioning and other permanent improvements qualify. Loan funds are only available if the acquisition is part of an overall project.