Senate Resolution 919
By: Senators Hodges of the 3rd, Strickland of the 42nd, Hatchett of the 50th, Albers of the
56th, Davenport of the 17th and others
A RESOLUTION
Congratulating and commending the Coastal Area District Development Authority, Inc.,
upon its 50th anniversary; and for other purposes.
WHEREAS, in 2026, the Coastal Area District Development Authority, Inc.,(CADDA) will
be celebrating the 50th anniversary of its founding; and
WHEREAS, CADDA is a non-profit corporation, established in 1976, with a mission to
provide economic development lending programs to small businesses and industries
expanding or locating in Georgia, North Florida, and the low country of South Carolina to
improve the economic conditions of the region through the creation and retention of jobs; and
WHEREAS, for fifty years, CADDA has partnered with local lenders, entrepreneurs, and
community leaders to support job creation, capital investment, and long-term economic
growth; and
WHEREAS, CADDA has funded more than 1,300 small business loans, helped to invest
over $526 million into communities throughout Coastal Georgia and beyond, and supported
the creation and retention of more than 9,300 jobs; and
WHEREAS, CADDA's employees are staunch supporters of their communities and
unselfishly devote innumerable hours of their time and talents to support and improve the
area; and
WHEREAS, the work of CADDA has strengthened local businesses, enhanced economic
opportunity, and contributed to the overall vitality of the State of Georgia; and
WHEREAS, it is abundantly fitting and proper that the outstanding accomplishments of this
extraordinary company be appropriately recognized.
NOW, THEREFORE, BE IT RESOLVED BY THE SENATE that the members of this body
congratulate the Coastal Area District Development Authority, Inc., upon its 50th
anniversary, commend it for its many outstanding contributions on behalf of the citizens of
Georgia, and extend best wishes for its continued growth, development, and success.
BE IT FURTHER RESOLVED that the Secretary of the Senate is authorized and directed
to make an appropriate copy of this resolution available for distribution to the Coastal Area
District Development Authority, Inc.