Governor Roy Cooper announced that 42 local governments in rural areas across the state including the town of Seven Springs have been awarded grants from the Rural Transformation Grant Fund, supporting rural economic development projects in North Carolina. A total of $19.76 million will be issued in this second round of grantmaking from the Fund, which helps local governments overcome challenges that limit their economic competitiveness. The funding comes from the American Rescue Plan, signed by President Biden last year. The North Carolina Department of Commerce and its Rural Economic Development Division administers the fund.
“More support for North Carolina’s rural communities is on the way with these transformative grants, made possible by President Biden’s American Rescue Plan,” said Governor Roy Cooper. “These funds, backed up by the expertise of our rural development team at the Department of Commerce, will bring more economic opportunity to people across the state.”
The town of Seven Springs will receive a grant in the amount of $400,000 as part of the Resilient Neighborhoods category. This grant is focused on community development and quality of life improvements, such as eliminating food deserts, creating healthy living initiatives, and increasing access to affordable housing options, among other initiatives.
“Following the best practices that we know work well, these economic development grants will bring new vitality to many rural communities,” said Kenny Flowers, the Commerce Department’s Assistant Secretary for Rural Economic Development. “I look forward to working with these communities as we work to transform the economy in rural North Carolina.”