A big part of the working capital that helps Georgia open its doors, invest in new projects and grow its workforce comes from long-term investments by life insurers. Our companies have invested $201 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 businesses across the Peach State.
Investing in Education
Life insurers have invested $51 million with the Cherokee County School District, $40 million for Gwinnett County Public Schools, nearly $5 million for the Newton County School District and more, with investments totaling $226 million 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 more than $1.6 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 $130 million 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 more than $4.8 billion in mortgages 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 more than $3.4 billion in Georgia for industrial development in Atlanta, Statesboro, Gainesville, 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 have invested heavily in farmers, providing nearly $380 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.