Albaad USA, Inc., a multinational manufacturer of wet wipes and other hygiene products will expand its U.S. operations in Reidsville, creating 302 jobs. Albaad's expansion in Rockingham County will be facilitated, in part, by a Job Development Investment Grant (JDIG).

Mount Airy has been awarded $1,731,600 in Community Development Block Grant infrastructure funding for sewer improvements in the Maple/Merritt Street area. The city was tapped for another $963,100 in low-interest loan funding from the Drinking Water State Reserve (DWSR) program for water system improvements there.

Greystone Affordable Development, a leading provider of affordable housing recapitalization and rehabilitation advisory services, announces the closing of a $55.8 million multifamily housing transaction in North Carolina.

Ernst & Young LLP (EY) will expand its operations in Mecklenburg County, NC, creating 375 jobs. EY's expansion in Mecklenburg County will be facilitated, in part, by a $3.2 million Job Development Investment Grant (JDIG) spread over 12 years.

The State Water Infrastructure Authority has approved more than $240 million in loans and grants for 127 projects statewide, all aimed at improving or replacing North Carolina water and wastewater infrastructure.

The airport is funding the concourse expansion with revenue bonds and the proceeds of a $3-per-passenger charge the airport imposes on travelers at Charlotte Douglas International. Charlotte's airport has been a hive of construction in recent years, with another major project underway to expand and replace the roadway in front of the terminal lobby.

Join the CDFA North Carolina Financing Roundtable for a special one-day conference hosted at the Foundation For The Carolina's. This event will feature a number of economic development finance experts from around the state discussing development finance tools, authorities, resources and approaches, and how these can affect the North Carolina economy going forward. This year's conference will feature discussions on Legislative Update: Tax Reform and Opportunity Zones, Creative Tax Credit Financing, Leveraging Revolving Loan Funds in North Carolina, Rural Development in the Tar Heel State, Emerging Project-Based Investment Tools: Crowdfunding and Impact Investing, and the Community Reinvestment Act.

CDFA needs your help to source deals, projects and programs and will be accepting submissions for potential deals, projects and program presentations. If selected, each speaker will be given one complimentary registration to attend the CDFA National Summit.

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