CDFA Announces Launch of the North Carolina Roundtable
CDFA is pleased to announce the launch of the CDFA North Carolina Financing Roundtable.
NC Council of State Approves $200M Bond Deal
North Carolina will move ahead to borrow the first $200 million of the $2 billion in general obligation bonds voters approved in March. The Council of State authorized the bond deal to finance the first group of projects in the Connect NC program, which will finance projects at universities, and fund planning for future construction projects.
Fayetteville, NC PWC to Auction $110M in Bonds
The Fayetteville Public Works Commission will auction about $110.8 million of high-grade revenue bonds to finance improvements to the combined utility's electric, water and wastewater systems.
Grant, Incentives Lead to Factory Expansion in Duplin Co, NC
United States Cold Storage Inc. will expand its refrigerated, cold storage facility in Duplin County through a $1.7 million incentives package, and more than $1 million in grants from the state and local economic development groups.
NC Cost to Unwind P3 Tops $800M
North Carolina would pay more than $800 million if lawmakers terminate the state's first public-private partnership . House Bill 954 would cancel the P3 contract to finance projects on Interstate 77.
Orange Co., NC RLF Supports Business Growth
The Orange County revolving loan fund, which was launched in 1999 as the Orange County Small Business Loan Program, has approved 20 loans since 2009. The maximum loan amount is $100,000; while most loans are $50,000 to $75,000, with a five-year repayment timeline,
Energy Investment Partnerships: Product Offerings & Market Assessment
Factsheet 2 of the Energy Investment Partnerships covers clean energy through bond markets, credit enhancements and capital markets, property assessed clean energy, and market assessment.
Brownfields Programs as a Revitalization Tool: NC Case Studies
The UNC School of Government published this post about two case examples of how the US EPA and NC Brownfields Program have been employed in two North Carolina communities.
USDA Invests $5.8M to Support Small Businesses in 11 States
The U.S. Department of Agriculture awarded $5.8 million in grants and loans to support rural economic development projects and create jobs in 11 states through its Rural Microentrepreneur Assistance Program (RMAP) and Intermediary Relending Program (IRP).
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