Infrastructure is critical to attracting companies and supporting expansion. North Carolina has mulitple resources to help communities invest in their utility and transportation infrastructue so they are better positioned to compete for business.
State Rural Grants
Rural Grant Programs administers the Rural Building Reuse, Infrastructure and Demolition grant programs. These programs provide local governments with funds for critical infrastructure, building improvements, and demolition that will lead to the creation of new, full-time jobs. Please review our program information pages for additional details.
Federal CDBG
Community Development Block Grant (CDBG) funds are available to local municipal or county governments for projects to enhance the vitality of communities by providing decent housing and suitable living environments and expanding economic opportunities. These grants primarily serve persons of low- and moderate- incomes. State CDBG funds are provided by the U.S. Department of Housing and Urban Development (HUD) to the state of North Carolina. Some urban counties and cities in North Carolina receive CDBG funding directly from HUD.
Utility Account
The Utility Account assists local governments in counties that have one of the 80 most distressed rankings under G.S. 143B-437.08 after adjustments are applied for creating jobs in eligible industries. Funds are provided as incentives for job creation and investment to benefit industries eligible to participate in the Article 3J tax credit program.
GoldenLEAF Infrastructure Grants
Golden LEAF considers applications to assist eligible state, regional and local economic development entities with grants to support projects in which a company will commit to create a specific number of full-time jobs in a tobacco-dependent or economically distressed area.
Rail Industrial Access Program
The North Carolina Department of Transportation’s (NCDOT) Rail Industrial Access Program uses state funds to help construct or refurbish railroad spur tracks needed by a new or expanding company.
This page was last modified on 05/16/2024