Kemp Announces $16.9 Million To Fund Transportation Infrastructure Projects

On Thursday, Georgia Governor Brian Kemp and the State Road and Tollway Authority (SRTA) Board of Directors announced the approval of $16.9 million in Georgia Transportation Infrastructure Bank (GTIB) loans and grants that will help fund five transportation infrastructure projects across the state.  

As explained in a press release from Kemp’s office, this “round of funding includes the fourth largest loan amount allocated in the program’s history, all four of which have come under Governor Kemp’s administration.” 

“Approved funding includes $6.6 million awarded to Peach County in the form of a $5.6 million loan and a $1 million grant,” the press release said. “This is the largest in GTIB’s history, reflecting continued efforts to help prioritize investment in rural parts of the state. By fully meeting Peach County’s funding requests for the Lilly Creek Road project, GTIB will substantially accelerate the paving of a dirt road providing access to over 1,000 acres of developable land and improving connectivity.” 

“Our state’s unprecedented economic growth is in part thanks to our reliable transportation infrastructure network that serves both hardworking Georgians and the job creators that employ them,” said Kemp. “In order to continue attracting talent and opportunity and maintain our status as the number one state to do business, we must responsibly fund our infrastructure needs. Thanks to this investment, even more communities will see improvements with a generational impact.” 

Since 2010, GTIB has awarded $216 million in project investments, which have a combined value exceeding $1.1 billion.  

D & B Staff

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