Trending...
- Liquidity Aggregation: US-Registered JHKXWL Integrates AI Analytics for Brazilian and Global Institutional Traders
- Own 327 Acres of American Prime Real Estate with 2 Miles Waterfront Worth In Millions for Just $7 — Worldwide Raffle Launched
- Lineus Medical Receives Patent for SafeBreak® Vascular Generation 2
Governor Roy Cooper announced today that 30 local governments in rural areas across the state have been awarded grants from the Rural Transformation Grant Fund, a new source of support for rural economic development projects in North Carolina funded by the federal American Rescue Plan. A total of $20.1 million will be issued in this first round of grantmaking from the Fund, which helps local governments overcome challenges that limit their economic competitiveness. The North Carolina Department of Commerce and its Rural Economic Development Division administers the $48 million grant fund.
"North Carolina's rural communities are our heart and soul, and we are committed to helping them grow and become more competitive," said Governor Roy Cooper. "Today's awards will provide both the funds and the expertise to help transform and expand North Carolina's rural economies, create good jobs, and strong communities."
The new grant fund, the centerpiece of a broader Rural Engagement and Investment Program from the North Carolina Department of Commerce, addresses a wide variety of needs, from revitalizing downtown districts, building the capacity of local government staffs, revitalizing neighborhoods, fostering small business recovery, and generally supporting economic growth initiatives.
The Rural Transformation Grant Fund awarded grants in three categories today:
Earlier, on May 24, a fourth category of the program known as Rural Community Capacity Building (RC2) announced an initial cohort of nineteen communities across the state that would participate in an educational initiative to bolster the professional development and planning capacity of local government staffs.
More on ncarol.com
"Economic development success requires extensive preparation and planning," said North Carolina Commerce Secretary Machelle Baker Sanders. "I'm excited to see how this first round of grants will help many rural communities in North Carolina reach the next level of prosperity."
Local governments awarded project grants from the Rural Transformation Grant Fund include:
Downtown Revitalization Category
City of Newton $900,000
City of Sanford $900,000
Town of Old Fort $900,000
City of Lumberton $900,000
Town of Spencer $900,000
Town of Tarboro $875,000
City of Greenville $875,000
Town of Valdese $850,000
County of Stokes $850,000
City of Rockingham $750,000
Alexander County $650,000
Town of Weldon $369,778
City of Roxboro $175,000
Town of Mount Olive $175,000
Town of Stantonsburg $50,000
Resilient Neighborhoods Category
Randolph County $900,000
Town of Jonesville $900,000
Town of Pembroke $850,000
Town of Wallace $825,000
Community Enhancements Category
City of Hickory $900,000
City of Salisbury $875,000
City of Raeford $846,000
Town of Windsor $839,450
Town of Butner $825,000
Town of Mars Hill $750,000
Town of Garysburg $355,680
Town of Elizabethtown $332,500
Town of Pilot Mountain $330,000
Warren County $300,000
City of Saluda $170,000
"Today's awards allow us to share more widely the best practices we know work well for rural economic development programs," said Kenny Flowers, the Commerce Department's Assistant Secretary for Rural Economic Development. "I look forward to working with these communities and others to come later, as we work to transform the economy in rural North Carolina."
The application window for the second round of funding will open in early September of 2022. More information about the Rural Transformation Grant Fund is available at nccommerce.com/transform. A map displaying the locations of today's awards is available here.
More on ncarol.com
"North Carolina's rural communities are our heart and soul, and we are committed to helping them grow and become more competitive," said Governor Roy Cooper. "Today's awards will provide both the funds and the expertise to help transform and expand North Carolina's rural economies, create good jobs, and strong communities."
The new grant fund, the centerpiece of a broader Rural Engagement and Investment Program from the North Carolina Department of Commerce, addresses a wide variety of needs, from revitalizing downtown districts, building the capacity of local government staffs, revitalizing neighborhoods, fostering small business recovery, and generally supporting economic growth initiatives.
The Rural Transformation Grant Fund awarded grants in three categories today:
- The Downtown Revitalization category supports downtown development initiatives that help grow and leverage a community's commercial core into an asset for economic growth and prosperity.
- The Resilient Neighborhoods category offers grants focused on community development and quality of life improvements, such as eliminating food deserts, creating healthy living initiatives, and increasing access to affordable housing options, among other initiatives.
- The Community Enhancements for Economic Growth category provides grants to local governments to smooth the way for economic development opportunities, such as the acquisition of land and buildings, the preparation of business sites, and the removal of structural and physical barriers that may be limiting development.
Earlier, on May 24, a fourth category of the program known as Rural Community Capacity Building (RC2) announced an initial cohort of nineteen communities across the state that would participate in an educational initiative to bolster the professional development and planning capacity of local government staffs.
More on ncarol.com
- Liquidity Aggregation: US-Registered JHKXWL Integrates AI Analytics for Brazilian and Global Institutional Traders
- Q4 2025 Outlook: JGCMGS Unveils High-Frequency Infrastructure for Italian and Global Markets
- UK Financial Ltd Announces Full Ecosystem To Erc-3643 "SEC-Ready" Tokens For All UK Financial Ltd Tokenized Projects
- Pushing the Wave Series Launches Premium Hardback Editions of 2017–2022 and 2023 Volumes
- ZEELOOL 2025 Black Friday and Cyber Monday Big Deals
"Economic development success requires extensive preparation and planning," said North Carolina Commerce Secretary Machelle Baker Sanders. "I'm excited to see how this first round of grants will help many rural communities in North Carolina reach the next level of prosperity."
Local governments awarded project grants from the Rural Transformation Grant Fund include:
Downtown Revitalization Category
City of Newton $900,000
City of Sanford $900,000
Town of Old Fort $900,000
City of Lumberton $900,000
Town of Spencer $900,000
Town of Tarboro $875,000
City of Greenville $875,000
Town of Valdese $850,000
County of Stokes $850,000
City of Rockingham $750,000
Alexander County $650,000
Town of Weldon $369,778
City of Roxboro $175,000
Town of Mount Olive $175,000
Town of Stantonsburg $50,000
Resilient Neighborhoods Category
Randolph County $900,000
Town of Jonesville $900,000
Town of Pembroke $850,000
Town of Wallace $825,000
Community Enhancements Category
City of Hickory $900,000
City of Salisbury $875,000
City of Raeford $846,000
Town of Windsor $839,450
Town of Butner $825,000
Town of Mars Hill $750,000
Town of Garysburg $355,680
Town of Elizabethtown $332,500
Town of Pilot Mountain $330,000
Warren County $300,000
City of Saluda $170,000
"Today's awards allow us to share more widely the best practices we know work well for rural economic development programs," said Kenny Flowers, the Commerce Department's Assistant Secretary for Rural Economic Development. "I look forward to working with these communities and others to come later, as we work to transform the economy in rural North Carolina."
The application window for the second round of funding will open in early September of 2022. More information about the Rural Transformation Grant Fund is available at nccommerce.com/transform. A map displaying the locations of today's awards is available here.
More on ncarol.com
- Americans Are Building Family Legacies That Last Generations — Not Just Paychecks That Last a Month
- A $7 Ticket Could Rewrite Someone's Destiny — 327 Acres of U.S. Land to Be Won by Anyone, Anywh
- Bent Danholm Lists Contemporary Lakefront Residence in Winter Garden's Avalon Cove
- Safe Health Zones: A Global Breakthrough to Protect Night-Shift Workers from Preventable Harm
- ProfileSpider Launches Powerful One-Click Profile Scraper for Recruiters and Growth Teams
0 Comments
Latest on ncarol.com
- Own 327 Acres of American Prime Real Estate with 2 Miles Waterfront Worth In Millions for Just $7 — Worldwide Raffle Launched
- Lakefront Acreage in Longwood's Ravensbrook Community Hits the Market
- Monika Balayan Elected Fellow of the Royal Society of Arts (FRSA)
- Elevate Sales Kick Off Announces National Event for Property Management Growth in 2026
- Federal Lawsuit Claims Raleigh DA Lorrin Freeman and Police Chief Rico Boyce Concealed Evidence
- We're Winning: Historic Plunge in Overdose Deaths Marks Stunning Reversal in America's Drug Crisis
- Lineus Medical Receives Patent for SafeBreak® Vascular Generation 2
- New 2025–2026 Energy Rebates: Squeaks Services Explains How to Qualify
- CCHR's New Documentary Prescription for Violence Highlights Overlooked Safety Warnings
- Men's Health Network Announces a New Feature to Support the Well-Being of Men When and Where They Are through Text Alerts
- Comp-U-Floor Unveils Powerful New Commercial Module
- Revenue Optics Announces the Appointment of Sonal Chowdhury as Senior Manager – Strategic Operations
- How California Convinces Buyers Not to Purchase New Cars — and How This Hurts Dealers
- Tax Fears and Political Volatility Drive Wealthy UK Residents to Consider Leaving, La Vida Survey Shows
- Titan Steel Buildings Expands Nationwide to Deliver Large Steel Warehouses and Industrial Facilities
- Marry Me Marinara Announces New Gourmet Pasta Sauce - Bringing Restaurant Quality to Home Kitchens
- Kaltra Removes Size Barriers for Microchannel Coils with Fully Integrated Large-MCHE Production
- Guests Can Save 10 Percent Off New Vacation Rental Homes at KeysCaribbean's Village at Hawks Cay Villas
- Paylode Acquired by Moved to Power the Next Generation of Ancillary Revenue Automation
- Global Preschool Giants Unite to Celebrate the 12th Anniversary of Badanamu's Hit Song "Ponytail"