The Utility Account helps local governments build the public infrastructure that can attract businesses, specifically industrial-grade utility services.  To apply, counties must be ranked as one of the 80 most distressed under G.S. 143B-437.08

Program Requirements

Funding priorities are for construction or improvements to water, sewer, gas, transportation infrastructure, or electrical utility lines.

To be eligible for funding, the infrastructure is required to be on the building site or if not located on the site, directly related to the operation of the specific industrial activity.  The site must also be publicly owned and there must be a reasonable expectation that jobs will be created as a result of the project being funded.

Review the Guidelines | Utility Account

For more information about the Industrial Development Fund - Utility Account, contact:

Heather C. Sains
Grant Manager, Commerce Finance Center
Phone: 919 814-4642
Email:heather.sains@commerce.nc.gov