Trending...
- Inkdnylon Custom Apparel Launches Cost-Saving System for Promotional Products and Custom Apparel in Chicago
- Heritage at Manalapan Introduces New Single-Family Home Community in One of Monmouth County's Most Desirable Locations
- U.S. Government Contracts in Excess of 38 Million Secured Through Partner, Establishing Multi-Year Defense Revenue Platform Through 2032: $BLIS
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
- K4Connect launches K4IQ™, an intelligence layer on FusionOS turning data into actionable insights
- Atelier 4 Appoints Museum Logistics Expert Heather Haldeman as Senior Client Advisor
- AI Disruption Meets Marine Scale: Off The Hook YS, Inc. (N Y S E American: OTH) Targets Breakout Growth with NextBoat Launch and Aggressive Expansion
- Targeting the Billion-Dollar U.S. Countermeasure Market With AI-Driven Biodefense Platform: Lunai Bioworks (N A S D A Q: LNAI)
- New Global Standard for Transparency Across Critical Resources and Energy Markets: SMX (Security Matters) PLC (N A S D A Q: SMX)
"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
- Forced Psychiatric Hospitalization Fails Vulnerable People: CCHR Urges Repeal Amid Rising U.S. Policies
- Surging Into High-Performance AI With $AMD Partnership, Patent Expansion, and Strengthened Balance Sheet: Avalon GloboCare Corp. (N A S D A Q: ALBT)
- Kiko Nation Launches Mobile App to Modernize Livestock Management and Digital Animal Registry
- NEW MANAGEMENT BOOK: Creating a Joy-Centric Culture
- Alternative Singer Songwriter Big Bus Dream, Proudly Releases, Passionate Decay
0 Comments
Latest on ncarol.com
- JEGS Launches Modern, Secure Payments Powered by PhaseZero.ai
- 21 Days: The Malta Deadline That Could Redraw the Finnish Online Casino Map
- U.S. Government Contracts in Excess of 38 Million Secured Through Partner, Establishing Multi-Year Defense Revenue Platform Through 2032: $BLIS
- New Report Reveals Surprising Trends in Ohio Airport Accidents
- Why Your Berberine Failed: RevGenetics Unveils the Absorption Gap Solution
- WCC Kitchens and Cabinets Featured on Selling Houses Australia
- Cat Hunt Simulator : Burrow & Pounce Lands on the App Store
- Shincheonji Marks 42nd Anniversary: From a Basement to a Denomination Growing by Tens of Thousands Annually
- Jackets for Jobs Hosts Smart & Sexy® Day Detroit for Women's History Month
- Celebrate Wilbur Wright's Birthday With The First Flight Society On Thursday, April 16th!
- Tint Academy Training in Dallas Texas: Learn Window Tint & PPF Installation
- $IBG accelerates toward transformative merger with BlockFuel as $6 million raise fuels dual-industry growth strategy: N A S D A Q: IBG
- High-Growth Power Infrastructure Play Targets AI Boom: 1606 Corp. Executes Aggressive Texas Expansion Strategy: 1606 Corp. (Stock Symbol: CBDW) $CBDW
- Accelerating the Transformation into a U.S. Nuclear Fuel Cycle Leader: Frontier Nuclear and Minerals Inc. (N A S D A Q: FNUC)
- Ozz Metals Ltd Secures 1-Tonne Gold Offtake Agreement
- Jet Set: The Ultimate Coachella Afterparty
- Heritage at Manalapan Introduces New Single-Family Home Community in One of Monmouth County's Most Desirable Locations
- Compliant Workspace announces partnership with Blackpoint Cyber
- Michigan Homeowners Urged to Act on Rising Basement Waterproofing Needs Amid Severe Flood
- Event Solutions Enters New Era: Announces New Leadership