Athens Economic Development Corporation-Overview

In 1990, Athens voters approved the creation of a 4A (now Type A) Economic Development Corporation to support economic development projects and economic growth for Athens residents, through the collection of a dedicated 1/2 cent sales tax. 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 80% matching grant, with a maximum of $12,500, to property/business owners located along the west and north corridor of Athens who are looking to improve distressed properties. Improvements include demolition, landscaping, parking lot repairs, painting, facade improvements, etc. To be considered for the next round of funding, watch for the FY 2019 call for applications, which will be announced in December with a deadline to apply by February 1. For more information, contact AEDC at 903.675.4617.