Rural Downtown Economic Development Grants
Description
The Rural Downtown Economic Development Grants, administered by the North Carolina Department of Commerce’s Rural Economic Development Division, support downtown revitalization and economic development initiatives in North Carolina’s Tier 1 and Tier 2 counties, and rural census tracts in Tier 3 counties. The grants aim to help local governments enhance downtown districts as economic assets, improve public infrastructure, support public building renovations, and promote mixed-use development. Grants can be up to $850,000 per grantee, with no minimum amount, and must be matched with at least 5 percent local funds. The application deadline is August 22, 2024, and projects must be completed within 36 months of the award.