Natural Gas Infrastructure Financing
GEFA's natural gas infrastructure financing provides low-interest loans to eligible borrowers for natural gas system improvements and expansions that enhance system reliability and safety, support economic development, and improve quality of life for Georgians.
GEFA will conduct a call for projects this summer and accept project pre-applications. The call for projects is open now and will conclude July 31, 2026. During the call for projects, eligible participants should complete a pre-application for the project they would like to receive financing under the program. In this initial round of funding, GEFA will consider one funding request (one pre-application) per applicant. Additional information is available in the call for projects overview document .
GEFA will host an informational webinar on July 15, 2026, to assist interested applicants with completing the pre-application.
GEFA anticipates bringing final loan applications to the GEFA board of directors for approval in November 2026 and executing financing agreements in early 2027.
Eligible applicants include cities and counties, state and local authorities, and boards or political subdivisions created by the General Assembly.
Eligible projects include any project in Georgia that (a) operates outside any certified area of a nonmunicipal gas company, and (b) is acquired, rehabilitated, constructed, or planned for the purposes of storing, supplying, and distributing natural gas, including but not limited to:
- Pipelines,
- Storage tanks and facilities,
- Natural gas distribution systems,
- Equipment, and
- Appurtenances and accessories for the storage, supply, and distribution of natural gas.
The program will offer 5- to 20-year loans with tiered interest rates indexed to the interest rate received by the state on its most recent competitively-bid, general obligation bond issue. This approach allows borrowers to leverage the state’s AAA bond rating for financing critical natural gas infrastructure.
To submit questions and comments to GEFA about this program and the available financing, please email [email protected].
Resources
- Click here to sign up for the call for projects webinar on July 15, 2026.
- Call for projects overview document
- For the current interest rate for natural gas infrastructure projects, please click here.
- To stay up to date on the latest developments about GEFA's natural gas infrastructure financing, please click this link and select the Energy Resources mailing list.