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North Carolina Commerce Secretary Machelle Baker Sanders today announced a new grant program to support the revitalization of downtown districts in the state’s rural communities. The Department’s Rural Economic Development Division is now accepting applications from local governments for the Rural Downtown Economic Development Grant program.Grants will be awarded by the North Carolina Rural Infrastructure Authority beginning with its April 2024 board meeting and the initial application period for these grants closes at 5:00pm on Monday, April 1, 2024.
The North Carolina Rural Infrastructure Authority (RIA) has approved eight grant requests to local governments totaling $1,465,000, Governor Roy Cooper announced today. The requests include commitments to create a total of 270 jobs, 150 of which were previously announced. The public investment in these projects will attract more than $365.6 million in private investment.
The North Carolina Rural Infrastructure Authority (RIA) has approved 10 grant requests to local governments totaling $2,080,000, Governor Roy Cooper announced today. The requests include commitments to create a total of 316 jobs, 21 of which were previously announced. The public investment in these projects will attract more than $40.8 million in private investment.
The North Carolina Department of Commerce released the county tier designations for 2024 today. The designations, which are mandated by state law, play a role in several programs that assist in economic development.
The North Carolina Rural Infrastructure Authority (RIA) has approved seven grant requests to local governments totaling $2,639,793, Governor Roy Cooper announced today. The requests include commitments to create a total of 321 jobs, 191 of which were previously announced. The public investment in these projects will attract more than $53.7 million in private investment.
Today, the Appalachian Regional Commission (ARC) awarded a $10 million grant to The Industrial Commons, an industry focused nonprofit in western North Carolina. The grant will help build a 40,000-square-foot green textile manufacturing hub in Burke County.“North Carolina has a rich legacy in textile manufacturing and innovation,” said Governor Roy Cooper. “This investment will help strengthen our textile economy and grow our nonwovens manufacturing workforce which is the largest in the nation.”
North Carolina’s designated Main Street and Small Town Main Street communities have leveraged more than $5.2 billion in public and private investment in their downtown districts since 1980, according to new figures released today by the Department of Commerce.During the recently completed 2022-23 fiscal year, North Carolina’s Main Street programs leveraged $684,637,060 in local public and private investment and saw 365 new businesses and nearly 3,000 jobs added in their downtown districts.
The North Carolina Rural Infrastructure Authority (RIA) has approved five grant requests to local governments totaling $1,384,730, Governor Roy Cooper announced today. The requests include commitments to create a total of 133 jobs. The public investment in these projects will attract more than $68.3 million in private investment.
Local governments in 69 North Carolina counties can now apply for funding from a program associated with the Southeast Crescent Regional Commission (SCRC), a state and federal partnership agency crafted along the model of the long-established Appalachian Regional Commission. The North Carolina Department of Commerce’s Rural Economic Development Division manages the state’s engagement with SCRC.The inaugural grant cycle from SCRC’s State Economic and Infrastructure Development Grant Program (SEID) will provide $4.5 million for projects in North Carolina.
The North Carolina Main Street & Rural Planning Center has selected Mebane and Zebulon as the latest “North Carolina Main Street Communities”, while Thomasville has been selected to participate in the Downtown Associate Community (DAC) program.