UPDATE: North Carolina Governor Josh Stein has just announced a critical infusion of $14 million in grants aimed at revitalizing small businesses in the western regions of the state. This funding, part of a broader $55 million recovery initiative following the devastating impacts of Hurricane Helene, is set to support 19 projects through the state’s SmBIZ program.
Governor Stein emphasized the urgency of these grants, stating, “This new round of local government recovery grants is a much-needed shot in the arm to the main streets that businesses depend on.” The announcement was made earlier today on the North Carolina Office of the Governor’s website, highlighting the ongoing infrastructure rehabilitation crucial for a thriving small business environment.
The North Carolina Department of Commerce’s Rural Economic Development Division (REDD) will administer these funds, focusing on essential repairs and upgrades to water, sewer, gas, and telecommunication systems, as well as sidewalks and stormwater infrastructure. These improvements are critical as the region continues to recover from hurricane-related damage.
Immediate impact: The funding will enable significant projects such as restoring historic brick sidewalks in Asheville’s Biltmore Village and enhancing pedestrian ramps for ADA accessibility. In Spruce Pine, stormwater infrastructure enhancements will safeguard local businesses. Additionally, emergency repairs in Maggie Valley will address issues with a compromised municipal sewer pipe, ensuring the stability of essential services.
Governor Stein has urged REDD to revise grant protocols to allow recipients to access a portion of the funds upfront, accelerating project kick-offs. Commerce Secretary Lee Lilley praised these investments, stating, “These investments are helping Helene-impacted communities rebuild stronger, safer, and more resilient local economies.”
The urgency of the situation is underscored by the fact that approximately $32 million remains available for additional applications from local governments in affected areas. The REDD is actively encouraging submissions from counties still grappling with the aftermath of Hurricane Helene.
As recovery efforts continue, the impact of these grants will be felt immediately on local economies, with every repaired sidewalk and restored utility line representing renewed hope and opportunity for small businesses. Interested parties can find further details and submit their applications through the Commerce Department’s website.
This funding announcement marks a significant step forward in the ongoing recovery, but the path ahead remains challenging. The urgency for additional support and resources is palpable as local communities strive to rebuild and thrive once again.
