In 2011, the Georgia General Assembly approved local legislation that allowed for the alteration, expansion, and renaming of the South Cobb Development Authority to be (SCRA). The purpose of the SCRA is to revitalize and redevelop areas that have been underinvested or underutilized in the past. The overall intent is to promote/create favorable locations for trade, commerce, industry, and employment opportunities. This is accomplished through the financing of projects that promote the purpose of the authority and assist redevelopment activities through strategic investments, low interests bonds, land banking, and other means.
SCRA News & Updates