Quote:
Originally Posted by jn00
I don't think Corbett ended it, he just reduced it. One of the articles said that of $1B requested in 2014, $200M got funded.
Doesn't seem to be a good use of taxpayer funds to create more multifamily / retail projects when these are getting done without anyway. I believe the program was originally intended for projects w/ significant job creation (e.g., Augusta helicopter plant).
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I dont think they really explain the criteria in detail but I think they evaluate the amount of locked in private financing, job creation, the market limitations and the overall need to kick start an area when they choose the winners. I think we can all safely assume the gallery will get its money. Not so sure about this one.