Trending...
- How LIB's Temperature & Humidity Chamber & Walk-in Chamber Warranty Delivered Real Uptime
- Her Magic Mushroom Memoir Launches as a Binge-Worthy Novel-to-Podcast Experience
- Georgia Misses the Mark Again on Sports Betting, While Offshore Sites Cash In
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
- "Leading From Day One: The Essential Guide for New Supervisors" Draws from 25+ Years of International Management Experience
- New Slotozilla Project Explores What Happens When the World Goes Silent
- The Two Faces of Charles D. Braun: How the Novel, Posthumously Yours, Came to Life
- Counseling Center of New Smyrna Beach Expands Affordable Mental Health Services for Volusia County
- Marty the Martian Farmer: A Retro Sci-Fi Comedy with a Cosmic Twist
"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
- Athena Forge (ATFG) Introduces Advanced Token for Technology-Driven Financial Ecosystem
- Albuquerque's Z-CoiL Footwear Brings All-American Family Business Story to Shark Tank Season Premiere
- NoviSign Sponsoring VARTECH 2025 - the B2B IT channel's #1 event
- Unicorp and BH Group Select Chasing Creative—Palm Coast Agency—to Lead Growth Marketing for The Ritz-Carlton Residences, Hammock Dunes
- Breaking: 50+ runners from 20+ states relay custom 9/11 flag 485 miles from Shanksville through DC to Ground Zero for memorial remembrance run
0 Comments
Latest on ncarol.com
- $40 Price Target for $NRXP in H. C. Wainright Analyst Report on Leader in $3 Billion Suicidal Depression Market with Superior NRX 100 Drug Therapy
- Nashville International Chopin Piano Competition Partners with Crimson Global Academy to Support Excellence in Education
- Entrinsicon 2025 Returns to Raleigh, Showcases AI and Data Innovation
- AHRFD Releases Market Analysis: Cryptocurrency Market's Institutional Transformation Accelerating
- Ubleu Crypto Group Analyzes European Digital Asset Market Opportunities Amid Regulatory Evolution
- NIUFO Examines European MiCA Regulation's Impact on Digital Asset Trading Markets
- Wzzph Analyzes Crypto Market Maturation as Institutional Capital Drives $50B ETF Inflows
- GXCYPX Analyzes South America's Emerging Digital Asset Market Dynamics
- Keyanb Crypto Exchange Positions for Latin America's $600 Billion Remittance Opportunity Amid Global Regulatory Shifts
- NAQSN Analysis: $2.75 Trillion Digital Asset Market Demands Unified Infrastructure
- Trinity Accounting Practice Celebrates 22 Years Serving Beverly Hills Businesses
- YuanziCoin Unveils Revolutionary Shariah-Compliant Blockchain Architecture for 1.8 Billion Muslims Worldwide
- The Hidden Crisis No One is Talking About
- AGEIMMUNE Launches Brilliant D3 + Magnesium & K2: A Doctor-Formulated Supplement for Bone, Immune & Heart Health Support
- YMCA of the Jersey Shore Helps Residents Take Control of Health
- Z-CoiL Footwear, Albuquerque's Original Spring Shoe, Steps Into ABC's Shark Tank Season Premiere
- How LIB's Temperature & Humidity Chamber & Walk-in Chamber Warranty Delivered Real Uptime
- Peak 10 Marketing Expands Capabilities and Opens Doors to New Clients
- Charlotte Nurse-Leader Dr. Andrea "Angel" Taylor Joins the Dear Black Woman Anthology
- AltQuick.com Announces Continued Support for Bitcoin Testnet 3 Trading Amid Testnet 4 Launch