A northeast Georgia county hopes to access federal low-interest bond money in order to attract a new company and hundreds of new jobs.

To do that, Jackson County commissioners say they need their county designated as economically depressed through a federal recovery zone listing.

Commissioners say the bond money could be used by an electronics company planning to build a facility and hire up to 400 people.

It’s up to the state Department of Community Affairs to reallocate Georgia’s more than $500 million of federal recovery money for local governments that did not get bonds last year.

Tags: Jackson County, Jefferson, federal low-interest bonds, economically depressed