The Calhoun County Land Bank Authority (CCLBA) has commercial properties for purchase to rehabilitate. Part of our mission is to support business district revitalization through the management of distressed properties. Many of the buildings offered through the Transform This Commercial Property (TTCP) program are in need of significant rehabilitation; therefore, participation in this program will require a detailed rehabilitation plan, a business plan, a financial plan/pro-forma and will also require a project review by the Development Review Committee (DRC).
The CCLBA may initially market commercial sites through a formal Request for Proposal (RFP) process that will incorporate the TTCP program. This will allow all interested parties, e.g. the Applicant/Developer (“Applicant”), to submit a response under Phase 3 (see below) of this program to be reviewed by the DRC. The CCLBA’s realtor may assist with both the RFP and TTCP process. During the RFP period, the property will be made available for inspection by interested parties. If the CCLBA does not receive an acceptable response to the RFP, the property would then be listed with a realtor in the traditional manner and the participation in the TTCP program will still be required.
The goal of the TTCP program is to successfully redevelop distressed commercial and mixed used sites. Upon completion, the property returns not only to the tax roll, but also to productive use and becomes an asset to its neighborhood, community, and commercial district. This program is designed for those who want to purchase and restore the property for small business or mixed use development. View Transform This Commercial Property properties on our eProperty Plus site.