The North Carolina Rural Infrastructure Authority announced on April 21 that it approved 15 grant requests to local governments totaling $3,840,156.
The requests include commitments to create a total of 649 jobs. The public investment of these jobs will attract more than $351 million in private investment.
“These Rural Infrastructure grants attract new, innovative businesses, allow existing business to expand, support health care, and bolster water and sewer service in our rural communities,” Governor Cooper said. “All of these investments are key ingredients in creating and sustaining a strong, resilient economy.”
The RIA approved 13 of these grants under the state’s building reuse program in three categories: vacant buildings, existing business buildings, and rural health.
Under the rural health category, the City of Fayetteville will receive a $300,000 grant that will support the reuse of a 9,500-square-foot building.
The building will serve as another location for ChenMed, LLC.
The project is expected to create 30 jobs with an investment of $1,182,500 by the company.
Other requests approved by the RIA will go to the community
development block grant/economic development program and the state’s industrial development fund/utility account program.
For additional information, visit the NC Commerce’s Rural Economic Division website.
To wrap up the first day, attendees were able to meet up for a social event at the Brad Halling American Whiskey Ko. in Southern Pines where a $10,000 check was presented to the Joint Special Operations Foundation for their scholarship fund. Photo pr
The three-story, 200,000 square-foot business incubator space is located at 420 Maiden Lane. The building features an elevator, construction has begun on handicap bathrooms for the first floor and the second and third floors feature window walls offering views of Segra Stadium.
Image provided by FTCCFocused on building the local workforce and streamlining the education process through real world learning, the Hope, Opportunity, Prosperity through Education Program at Fayetteville Technical Community College (FTCC), also kno
