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Invest Atlanta reports $42M in 2025 TAD awards, $4.46M in water-recovery grants and BeltLine funding status

3540775 · May 28, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Invest Atlanta presented results from its water-recovery small-business grants, summarized 14 active Tax Allocation District projects with $42M in TAD financing awarded in 2025 and updated the BeltLine Special Service District bond spending and remaining balance.

Invest Atlanta told council it has awarded more than $4.45 million in water-recovery grants to small businesses affected by the 2024 water-main disruptions, and that in 2025 awards it approved $42.0 million in Tax Allocation District financing to leverage roughly $273 million of private investment.

Eloisa Kometic, president and CEO of Invest Atlanta, introduced staff who updated the council. Laurie (economic development lead) said the water-recovery program delivered "$4,458,000 in total grants awarded, with an average grant amount of $9,446.61" and cited a beneficiary business owner who kept doors…

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