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Friday, November 8, 2024

27 North Carolina Communities Receive $42.3 Million in Neighborhood Revitalization Grants

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North Carolina Department of Commerce | North Carolina Department of Commerce / https://www.commerce.nc.gov/

North Carolina Department of Commerce | North Carolina Department of Commerce / https://www.commerce.nc.gov/

The North Carolina Department of Commerce awarded 30 Community Development Block Grant - Neighborhood Revitalization (CDBG-NR) fund requests to 27 local governments totaling $42.3 million. The requests will provide housing and public improvements for low- and moderate-income North Carolinians.

“North Carolina has made significant investments in our communities to help them provide affordable housing,” said Governor Roy Cooper. “Building stronger and more resilient communities is important to our economic success and these neighborhood revitalization grants will support them in doing just that.”

The CDBG-NR program offers non-entitlement municipalities and counties the opportunity to tailor community development projects to address the specific and most critical needs of their communities. This year’s awards include $5 million in funding that was earmarked by the N.C General Assembly exclusively for the Rural Community Development (RCD) Fund, a set aside for non-housing community development projects in Tier 1 and Tier 2 counties.

“These additional federal resources will help our most vulnerable communities as building and living costs have increased,” said N.C. Commerce Secretary Machelle Baker Sanders. “This is a banner year for economic development and this infusion of funding will greatly benefit more North Carolina families and local economies by providing more housing options, jobs, and economic opportunities.”

The program conducted two rounds of funding with increased maximum per grant awards to offset the rising construction costs and other special needs that were impacted by the COVID-19 pandemic.

The first round of funding included 18 projects receiving a total of $15.7 million in CDBG-NR awards up to $950,000. These communities include:

Community

County

Award

Anson County

Anson County

$950,000

Town of Ansonville

Anson County

$950,000

Avery County

Avery County

$950,000

Buncombe County

Buncombe County

$400,000

Town of Cramerton

Gaston County

$950,000

Duplin County

Duplin County

$617,222

Town of Fair Bluff

Columbus County

$950,000

Town of Fairmont

Robeson County

$950,000

City of High Shoals

Gaston County

$950,000

Hyde County

Hyde County

$950,000

Jones County

Jones County

$950,000

Town of Leland

Brunswick County

$442,500

McDowell County

McDowell County

$950,000

City of Newton

Catawba County

$950,000

City of Oxford

Granville County

$950,000

City of Sanford

Lee County

$950,000

Town of Tabor City

Columbus County

$950,000

City of Thomasville

Davidson County

$950,000

Round two of CDBG-NR funding included 12 projects totaling $26.6 million with a maximum award of $5 million. Among these is Granite Falls, the first recipient of the Rural Community Development Fund. These communities include:

eth

Community

County

Award

Alexander County

Alexander County

$645,044

Town of Brunswick

Columbus County

$2,000,000

Town of Elizabethtown

Bladen County

$2,575,000

Town of Granite Falls

Caldwell County

$4,999,000

Hyde County

Hyde County

$1,231,388

Martin County

Martin County

$550,000

McDowell County

McDowell County

$5,000,000

Pamlico County

Pamlico County

$2,280,400

Town of Princeville

Edgecombe County

$625,000

City of Sanford

Lee County

$4,947,521

Town of Seaboard

Northampton County

$235,939

Town of Stantonsburg

Wilson County

$1,562,500

The CDBG program is a U.S. Department of Housing and Urban Development (HUD) program administered in part by N.C. Commerce Rural Economic Development Division. CDBG funds are awarded to enhance the vitality of communities by providing adequate housing, suitable living environments, infrastructure development, and expanding economic opportunities. The State must ensure that at least 70 percent of its CDBG grant funds are used for activities and projects that serve households of low- and moderate-income.

Visit the N.C. Commerce’s Rural Economic Development Division webpage for more information.

Original source can be found here.

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