Decide DeKalb reports $27.9M in combined TAD assets; advisory committees forming

Decide DeKalb’s redevelopment team gave the Planning, Economic Development & Community Services Committee a Q4 2024 update on the county’s five tax allocation districts, reporting combined TAD assets just under $27,900,000 and tax‑increment revenue of just over $8,000,000 for calendar year 2024.

The presentation, delivered by Tiffany Willis, vice president of redevelopment for Decide DeKalb, spelled out five TAD funding mechanisms open for applications: a predevelopment loan fund, an urban renewal fund (upfront financing for acquisition/construction/renovation), pay‑as‑you‑go reimbursement, TAD bonds (upfront financing that would require Board of Commissioners approval), and a small business property improvement grant. Willis said small business grants can cover eligible equipment such as point‑of‑sale systems and grease traps, and confirmed that “those funds can be used for code violation[s]…Yes. That’s correct.”