North Carolina Commerce Secretary John E. Skvarla, III, and Assistant Secretary for Rural Economic Development Dr. Patricia Mitchell announced Thursday that the North Carolina Rural Infrastructure Authority (RIA) approved 14 grants totaling $4,573,383.
The RIA reviews and approves funding requests for grant programs operated by the Rural Economic Development Division at the N.C. Department of Commerce. Grants support infrastructure development, building renovation and site improvements.
The RIA approved two requests under the state's Industrial Development Fund - Utility Account program which provides grants to units of local government of the 80 most distressed counties in the state to assist with job creation. Funds may be used for publicly-owned infrastructure and should be used for projects that are reasonably expected to result in the creation of new jobs.
Onslow County received a
grant of $1,243,875 to improve infrastructure and support the expansion of N.A. Burton Business & Industrial Park. Improvements will include a roadway extension and water and sewer service that will support industrial operations. The park is currently approaching maximum occupancy of available industrial sites. The new infrastructure will open more than 100 acres of quality industrial land for new development, job creation and economic investment.
This is the first RIA grant ever approved for Onslow County. JOED's Building and Sites Committee made the recommendation to the County, which navigated through the grant process for approvals.
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