[cs_content][cs_section parallax=”false” separator_top_type=”none” separator_top_height=”50px” separator_top_inset=”0px” separator_top_angle_point=”50″ separator_bottom_type=”none” separator_bottom_height=”50px” separator_bottom_inset=”0px” separator_bottom_angle_point=”50″ style=”margin: 0px;padding: 45px 0px;”][cs_row inner_container=”true” marginless_columns=”false” style=”margin: 0px auto;padding: 0px;”][cs_column fade=”false” fade_animation=”in” fade_animation_offset=”45px” fade_duration=”750″ type=”1/1″ style=”padding: 0px;”][x_custom_headline level=”h2″ looks_like=”h2″ accent=”false”]Current Status[/x_custom_headline][cs_text]Our current strategic plan correlates with our 2012-2017 capital campaign. With your investment, we promise to deliver measurable progress for downtown revitalization. Below is an update on our progress towards these goals as of March 2016.[/cs_text][x_line style=”border-top-width: 1px;”][cs_block_grid type=”four-up”][cs_block_grid_item title=”Goal”]Goal[/cs_block_grid_item][cs_block_grid_item title=”Progress”]Progress[/cs_block_grid_item][cs_block_grid_item title=”Projection”]Projection[/cs_block_grid_item][cs_block_grid_item title=”Status”]Status[/cs_block_grid_item][/cs_block_grid][cs_block_grid type=”four-up”][cs_block_grid_item title=”Goal”]Add 125 housing units[/cs_block_grid_item][cs_block_grid_item title=”Progress”]163 complete, occupied[/cs_block_grid_item][cs_block_grid_item title=”Projection”]200 more units expected[/cs_block_grid_item][cs_block_grid_item title=”Status”]Exceeded[/cs_block_grid_item][/cs_block_grid][cs_block_grid type=”four-up”][cs_block_grid_item title=”Goal”]Maintain 85% housing occupancy[/cs_block_grid_item][cs_block_grid_item title=”Progress”]Over 90%[/cs_block_grid_item][cs_block_grid_item title=”Projection”]Stabilization at 95%[/cs_block_grid_item][cs_block_grid_item title=”Status”]Exceeded[/cs_block_grid_item][/cs_block_grid][cs_block_grid type=”four-up”][cs_block_grid_item title=”Goal”]Increase storefront occupancy by 25%[/cs_block_grid_item][cs_block_grid_item title=”Progress”]17% increase to date[/cs_block_grid_item][cs_block_grid_item title=”Projection”]25% increase by 2017[/cs_block_grid_item][cs_block_grid_item title=”Status”]On track[/cs_block_grid_item][/cs_block_grid][x_line style=”border-top-width: 1px;”][x_feature_list][x_feature_box title=”Increasing Residents” title_color=”” text_color=”” graphic=”icon” graphic_size=”60px” graphic_shape=”circle” graphic_color=”hsl(0, 0%, 100%)” graphic_bg_color=”rgb(0, 90, 112)” align_h=”left” align_v=”top” side_graphic_spacing=”20px” max_width=”none” child=”true” connector_width=”1px” connector_style=”dashed” connector_color=”#272727″ graphic_icon=”arrow-up”]Since 2012, 163 downtown lofts have been added to our urban core footprint, which translates into 254,000 sq. ft. of newly renovated space.[/x_feature_box][x_feature_box title=”Forging Public/Private Partnerships” title_color=”” text_color=”” graphic=”icon” graphic_size=”60px” graphic_shape=”circle” graphic_color=”#ffffff” graphic_bg_color=”rgb(0, 90, 112)” align_h=”left” align_v=”top” side_graphic_spacing=”20px” max_width=”none” child=”true” connector_width=”1px” connector_style=”dashed” connector_color=”#272727″ graphic_icon=”bank”]The first issue of the NewTown Development Loan Fund, which provides gap financing to developers, has been expended. In August 2015, Macon-Bibb Commission unanimously voted to issue an additional $5 million in bonds to continue this Loan Fund to continue driving redevelopment.[/x_feature_box][x_feature_box title=”Maintaining Occupancy” title_color=”” text_color=”” graphic=”icon” graphic_size=”60px” graphic_shape=”circle” graphic_color=”#ffffff” graphic_bg_color=”rgb(0, 90, 112)” align_h=”left” align_v=”top” side_graphic_spacing=”20px” max_width=”none” child=”true” connector_width=”1px” connector_style=”dashed” connector_color=”#272727″ graphic_icon=”male”]As of July 2015, loft occupancy recorded at 99%. It is estimated that these new downtown residents will generate $200,000 in new sales tax revenue annually.[/x_feature_box][x_feature_box title=”Growing Jobs” title_color=”” text_color=”” graphic=”icon” graphic_size=”60px” graphic_shape=”circle” graphic_color=”#ffffff” graphic_bg_color=”rgb(0, 90, 112)” align_h=”left” align_v=”top” side_graphic_spacing=”20px” max_width=”none” child=”true” connector_width=”1px” connector_style=”dashed” connector_color=”#272727″ graphic_icon=”money”]NewTown launched both an Entrepreneur’s and Developer’s Academy to assist both potential entrepreneurs and developers with the tools and knowledge in starting a business as well as undertaking a downtown revitalization project.[/x_feature_box][x_feature_box title=”Increasing Storefront Occupancy” title_color=”” text_color=”” graphic=”icon” graphic_size=”60px” graphic_shape=”circle” graphic_color=”#ffffff” graphic_bg_color=”rgb(0, 90, 112)” align_h=”left” align_v=”top” side_graphic_spacing=”20px” max_width=”none” child=”true” connector_width=”1px” connector_style=”dashed” connector_color=”#272727″ graphic_icon=”shopping-cart”]The storefront occupancy within our three target blocks has increased from 52% in 2012 to 69% today. In 2015 alone, 25 net new downtown businesses opened.[/x_feature_box][x_feature_box title=”Expanded Ocmulgee Heritage Trail” title_color=”” text_color=”” graphic=”icon” graphic_size=”60px” graphic_shape=”circle” graphic_color=”#ffffff” graphic_bg_color=”rgb(0, 90, 112)” align_h=”left” align_v=”top” side_graphic_spacing=”20px” max_width=”none” child=”true” connector_width=”1px” connector_style=”dashed” connector_color=”#272727″ graphic_icon=”tree”]Amerson River Park, formerly Amerson Water Works Park, re-opened in July 2015, after a yearlong closure that allowed for $5.5 million in park improvements. [/x_feature_box][x_feature_box title=”Mercer Music at Capricorn” title_color=”” text_color=”” graphic=”icon” graphic_size=”60px” graphic_shape=”circle” graphic_color=”#ffffff” graphic_bg_color=”rgb(0, 90, 112)” align_h=”left” align_v=”top” side_graphic_spacing=”20px” max_width=”none” child=”true” connector_width=”1px” connector_style=”dashed” connector_color=”#272727″ graphic_icon=”music”]We announced the development of the $25 million Capricorn project including the 137-unit Capricorn Lofts and Mercer Music at Capricorn, bringing life back to the historic Capricorn Studio thanks to your support through the Transitional Property Fund.[/x_feature_box][/x_feature_list][x_line style=”border-top-width: 1px;”][x_custom_headline level=”h2″ looks_like=”h2″ accent=”false”]Annual Report[/x_custom_headline][cs_text]In October of each year, NewTown Macon releases its annual report for the prior fiscal year. In addition to this report, we host a free public tour, The Tour of Progress, to allow Middle Georgians to explore the latest revitalization projects downtown. You can browse our most recent annual report below or expand the menu to find all of our previous annual reports.[/cs_text][x_raw_content][/x_raw_content][x_accordion][x_accordion_item title=”Previous Annual Reports” open=”false”]2017 Annual Report
2016 Annual Report
2015 Annual Report
2014 Annual Report
2013 Annual Report
2012 Annual Report
2011 Annual Report
2010 Annual Report
2009 Annual Report
2008 Annual Report
2007 Annual Report
2006 Annual Report
2003 Annual Report
2002 Annual Report
2001 Annual Report
2000 Annual Report
[/x_accordion_item][/x_accordion][x_line style=”border-top-width: 1px;”][x_custom_headline level=”h2″ looks_like=”h2″ accent=”false”]Financial Information[/x_custom_headline][cs_text]

You may download our most recently filed tax return by clicking here: NewTown Macon’s Form 990

[/cs_text][/cs_column][/cs_row][/cs_section][/cs_content]