REBA Georgia Incentive Program
About the Program
About the Regional Economic Business Assistance Program
REBA funds may be used to finance various fixed-asset needs of a company including infrastructure, real estate acquisition, construction, or machinery and equipment. A local development authority must be the applicant for a REBA application and the application must be supported by a recommendation letter from a state agency, typically the Georgia Department of Economic Development.
Program Overview:
Regional Economic Business Assistance (REBA) is a state-funded incentive program designed to enhance Georgia’s competitiveness in attracting sizeable economic development projects and acts as a vehicle for significant local, regional, or statewide initiatives having short- or longterm economic development benefits. Generally, REBA funds are targeted for projects in nonrural counties. REBA’s goal is to help “close the deal” when companies are considering Georgia and another state or country for their location or expansion. Funds may be used to finance various fixed-asset needs of a company including infrastructure, real estate acquisition, construction, or machinery and equipment. A local development authority must be the applicant for a REBA application and the application must be supported by a recommendation letter from a state agency, typically the Georgia Department of Economic Development (GDECD).
ELIGIBLE USES
Infrastructure • Real Estate Acquisition • Construction • Machinery & Equipment
ELIGIBLE APPLICANTS
General purpose local governments (municipalities and counties) • Local government authorities • Regional development centers • State agencies and state authorities
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