Building Reuse
The Building Reuse grant from the North Carolina Department of Commerce funds local governments to renovate buildings for business use, driving job creation and economic growth in rural and distressed communities.
Funder: North Carolina Department of Commerce
Due Dates: Rolling (applications accepted any time; reviewed at six scheduled meetings per year)
Funding Amounts: Up to $750,000 per project (federal CDBG); state grants require dollar-for-dollar match, never exceeding half of renovation/construction cost.
Summary: Supports local governments in North Carolina to renovate or upfit buildings for business use, leading to job creation and economic development.
Key Information: Requires pre-application conference and cash match; only local governments may apply.
Description
The Building Reuse Program, administered by the North Carolina Department of Commerce, provides grants to local governments to renovate, upfit, or expand existing buildings for business and economic development purposes. The program aims to overcome financial barriers to building rehabilitation, helping communities attract and retain businesses, and ultimately create new full-time private sector jobs in rural and distressed areas of North Carolina. Funding is available through both state and federal (CDBG) channels, each with specific eligibility and project requirements.
