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Rural communities and organizations across the country will be sharing in $5.2 billion in funding for critical infrastructure following an announcement from the U.S. Department of Agriculture (USDA).
The funds specifically target water and wastewater projects, high-speed broadband internet, and electricity. According to the USDA, This announcement follows the recent passage of President Biden’s historic Bipartisan Infrastructure Law and reflects the many ways USDA Rural Development’s programs are helping people, businesses and communities address critical infrastructure needs to help rural America build back better.”
North Carolina is receiving more than $400 million, with more than $350 million going to rural electricity corporations and cooperatives. N.C. municipalities and water districts receiving funding from USDA for vital water and wastewater projects are:
- Town of Crossnore: $245,000
- Town of Mount Pleasant: $8,053,000
- City of Hamlet: $17,569,000
- Town of Carthage: $1,328,000
- Town of Grover: $71,000
- Millennium Water Association (Hertford): $412,000
- Town of Siler City: $16,358,000
We congratulate these communities on receiving USDA funds!
Are you in need of help navigating USDA requirements? WithersRavenel’s Funding and Asset Management team has a bounty of experience working on USDA-funded projects, along with administering grant and loan packages for numerous other state and federal funding agencies. Do you have a funded project that you need assistance managing, or are you wondering about grant and loan possibilities for future infrastructure projects? Contact Amanda Whitaker at awhitaker@withersravenel.com.