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MegadealsSubsidy Tracker Individual Entry
Company: The Residences At Maggie Capitol, LLC
Parent Company:
Subsidy Source: local
Location: Georgia
County: Fulton
Project Description: Finance the acquisition, renovation and consolidation of two low income multifamily residential rental housing projects known as Maggie Russell Tower located at 400 Ralph McGill Boulevard NE, consisting of 150 units and Capitol Vanira Apartments, located at 942 Hank Aaron Drive SE consisting of 60 units
Year: 2018
Value of Loan, Loan Guarantee or Bailout Assistance: $20,235,000
Loan Value Notes: Loan amounts do not reflect repayments. See the original source for that information.
Program Name: Fulton County: Bond Financing Program
Awarding Agency: Development Authority of Fulton County
Type of Subsidy: loan or bond financing
Number of Jobs or Training Slots: 7
Source of Data: Direct from agency; not on web
Notes: Year is year of award issuance. Subsidy is the amount of bond. Jobs are retained jobs. The bonds are tied to property tax abatements.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.