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The Georgia Environmental Finance Authority (GEFA) is helping accelerate a 305-acre reservoir project in Paulding County with $15 million in direct investment, the state agency announced Tuesday.

GEFA already has helped underwrite the planned Richland Creek Reservoir with a $2.86 million planning loan in 2012 and $56.7 million in construction loans approved during the last four years, agency spokesman Shane Hix said. GEFA’s board is expected to vote on another $8.2 million in loan funding next month, he said.

Read More At The Atlanta Business Chronicle

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