A big part of the working capital that helps Georgia open its doors to families, invest in new projects and grow its workforce comes from long-term investments by life insurers. Our companies have invested $207 billion in Georgia’s economy with loans for infrastructure development, education bonds, affordable housing financing, apartments/multifamily mortgages and more. We are here to strengthen communities and families across the Peach State.
- $155 billion in stocks and bonds that help finance business development and create new jobs
- $29 billion in real estate, loans and other investments
- $23 billion in mortgage loans on farms, residential, and commercial property
Investing in Education
Life insurers have invested $188 million with the Cherokee County
School District, Gwinnett County Public Schools, Newton County
School District and more in recent years. This represents financing for
safer school buildings, to keep up with and enhance technology for
students and staff, and to ensure Georgia’s students have the tools
they need to learn at their best.
Investing in Infrastructure
Life insurers have invested in recent years $2 billion in airports, rapid
transit, clean water and energy in the state, helping keep Atlanta and
Georgia overall moving forward into the future.
Investing in Affordable Housing
Life insurers invested $147 million in recent years into the Georgia
State Housing and Finance Authority, helping finance strong, vibrant
communities throughout the Peach State.
Investing in Apartments/Multifamily
Life insurers have invested $7.5 billion in mortgages for apartments
and multifamily units in Atlanta, Savannah, Macon, Milledgeville,
Columbus and more, helping more individuals and families call the
Peach State “home.”
Investing in Industry
Life insurers have invested $3.8 billion in Georgia for industrial
development in Atlanta, Statesboro, Savannah, Jefferson, Sandy
Springs and other parts of the state, contributing to the state’s
significant growth in this important economic sector.
Investing in Agriculture
From Gilmer County in north Georgia to Bainbridge in southern
Georgia, life insurers in recent years have invested heavily in farmers,
providing $515 million in financing. These agricultural loans help keep
the state the perennial leader in the nation in the production of
peanuts, broilers, pecans, blueberries and spring onions.