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The Atlanta Development Authority (ADA) issues taxable and tax-exempt industrial revenue bonds in the City of Atlanta. Tax-exempt bonds called Private Activity Bonds (PAB) can be used to finance the acquisition, construction, improvement or modification of plants, factories, mills, sewage, solid waste facilities, machinery, equipment, or any other property which an industrial concern might desire to acquire or lease in connection with the operation of such a facility within the City of Atlanta. ADA may issue Taxable Bonds for a wider variety of facilities, (i.e., warehouses, office buildings, industrial parks, nursing homes, retail, hotels, and research and development). No facility may be financed by ADA unless it will increase or maintain permanent employment in the City of Atlanta.
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Atlanta is the quinessential college town, with over 140,000 students attending local colleges and universities ranking us 7th in the nation for number of college students.
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