In 2005, AEDC was changed to a Type B Corporation, to allow for economic and community development projects. AEDC receives its revenue from this tax and awards grant funds for industrial projects, as well as community and retail projects that benefit the community, support economic development and showcase the city of Athens.
Business Assistance Grant Program- Designed to provide up to an 75% matching grant, with a maximum of $12,500, to property/business owners located along the west, north and south corridors of Athens who are looking to improve distressed properties. Improvements include demolition, facade improvements, landscaping, parking lot repairs, painting, etc. Funds are first come first serve. For more information, contact AEDC at 903.675.4617.