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Politics

Atlanta City Council authorizes small and micro business loan program

Atlanta City Councilman Antonio Brown, pictured here visiting blighted property in his district, sponsored the leglislation authorizing the loan program for small and micro businesses
Atlanta City Councilman Antonio Brown, pictured here visiting blighted property in his district, sponsored the leglislation authorizing the loan program for small and micro businesses
By Stephen Deere
Nov 19, 2019

The Atlanta City Council has authorized an intergovernmental agreement with Invest Atlanta, the city’s development agency, to create a loan program for small and micro-businesses.

The agreement, which the council approved Monday, is for three years and will be funded with $500,000.

The ordinance that authorized the agreement says that small and micro businesses are the primary source of U.S. job growth, but often face financial challenges like access to capital.

Atlanta City Councilman Antonio Brown sponsored the ordinance.

About the Author

Stephen Deere covers Atlanta City Hall and Atlanta government.

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