Hudson nets $250K grant

RALEIGH -The town of Hudson is set to be a $250,000 recipient from Rural Transformation Grant Fund in the amount aimed at neighborhood development.

Gov. Roy Cooper announced Thursday that 29 local governments in rural areas across the state have been awarded grants from the Rural Transformation Grant Fund, a robust source of support for rural economic development projects in North Carolina. A total of $8 million will be issued in this third round of grantmaking from the Fund, which helps local governments overcome challenges that limit their economic competitiveness. The North Carolina Department of Commerce and its Rural Economic Development Division administers the fund.

“These transformative grants can make a real difference in rural communities by reviving downtowns and strengthening neighborhoods,” said Governor Roy Cooper. “These funds, with the support of our rural development team at the Department of Commerce, will bring more economic opportunity to people across the state.”

The Rural Transformation Grant Fund, the centerpiece of a broader Rural Engagement and Investment Program from Commerce, addresses a wide variety of needs, from revitalizing downtown districts, building the capacity of local government staffs, revitalizing neighborhoods, fostering small business recovery, and generally supporting economic growth initiatives. To read the full article click here