Economic Development Resources
Division of Water Infrastructure Announces Fall 2019 Application Training Schedule
The Division of Water Infrastructure in the N.C. Department of Environmental Quality has announced training for the Fall 2019 funding round. Funding offered for the State Revolving Fund and Community Development Block Grant – Infrastructure programs this round will be announced shortly after July 10. Funding for the State Reserve Program will be announced pending approval of the state budget and funding availability. All applications must be received by the Division no later than close of business on Sept. 30, 2019.
Application training for the following funding programs will be offered:
- State Reserve Program
- Project Loans and Grants for Water and Wastewater Infrastructure
- Asset Inventory and Assessment Grants
- Merger/Regionalization Feasibility Grants
- Clean Water State Revolving Fund
- Drinking Water State Revolving Fund
- Community Development Block Grant – Infrastructure
If you are considering applying for funding related to any of the available programs listed above, the Division of Water Infrastructure encourages you to attend a training session. Training sessions will be hosted across the state, including:
- Sylva – July 24, 10 a.m. – 4 p.m. – Southwestern Commission
- Valdese – July 25, 10 a.m. – 4 p.m. – Old Rock School
- Kernersville – July 26, 10 a.m. – 4 p.m. – Piedmont Triad Regional Council of Governments
ARC 2020 Resources
ARC Application Topic Area Guidance:
- Community Capacity Building Projects
- Education Projects
- Healthcare Access Projects
- Local Food System Projects
- Natural and Cultural Heritage Projects
- Workforce Projects
- Additional guidance was presented at IPDC’s ARC Information Session on March 15th. Click here to view the slides from that presentation.
Click here to view the NC Commerce ARC Program web page.
Click here to view the Appalachian Regional Commission website.
Contact Steve Lockett for more information or to discuss potential project ideas.
Agricultural Economic Development Metrics for the Isothermal Region
The Isothermal Regional Economic Development Strategy identifies Agriculture as a Target Industry Cluster. More specifically, the strategy describes action steps to increase the export value of agricultural products in our region by 5%, increase the number of local food outlets by 10%, grow the number of agricultural producers by 10%, and increase collaboration among industry stakeholders by 2022 through a focus on production agriculture.
What are the Agriculture Economic Development Metrics for our Region and our Counties here in the Isothermal Region? For this information, we will use County Ag Profile info-graphics from the Center for Environmental Farming Systems (CEFS) to provide a visual interpretation of the 2007 & 2012 Census of Agriculture data, which is collected and maintained by the U.S. Department of Agriculture for all 100 counties in North Carolina.
The info-graphics are intended to provide each county and council of government region with a simple, clear snapshot of local agriculture and the many ways in which it impacts local economies. The link to these graphics across North Carolina can be found here. The Ag Profile for the entire Isothermal Region can be found on that page and below.
For additional, more current local context, the Appalachian Sustainable Agriculture Project (ASAP) reports the findings from an analysis of primary data exploring changes in the growing practices of farmers producing food for local markets in Western North Carolina from 2008 to 2016 found here and a 2017 Produce Survey Report found here.
EDA invites applications for construction and technical assistance projects that will advance economic development objectives
The U.S. Economic Development Administration (EDA) invites applicants to submit proposals and applications for construction and technical assistance projects that advance economic development. EDA can support the construction of new public assets or the renovation of existing public assets that support job creation or job retention.
Additionally, EDA provides resources to help communities with technical assistance projects that help inform economic development decisions. Proposals and Applications are accepted throughout the year.
To discuss potential projects and learn more, please contact Hillary Sherman at 404.730.3013 or email@example.com.
North Carolina Opportunity Zones Program
Opportunity Zones are a new community development program established by Congress in the Tax Cuts and Jobs Act of 2017 to encourage long-term investments in low-income urban and rural communities nationwide.
In December 2017, Congress signed into law H.R. 1 (the Tax Cuts and Jobs Act), designed to provide tax incentives to fund new investments in underserved low-income communities. As part of this new legislation, the Opportunity Zones Program provides tax incentives for qualified investor to re-invest into low-income communities, with each state authorized to designate up to 25% of its total low-income census tracts as qualified Opportunity Zones (low-income census tracks are areas where the poverty rate is 20% or greater and/or family income is less than 80% of the area’s median income).
North Carolina has just over 1,000 qualifying low-income census tracts, including areas in McDowell, Rutherford and Cleveland counties. There are still many steps before this program can be fully implemented, and the Commission will stay on top of ongoing developments. If you would like to learn more about the program, please here.
Understanding the Opioid Crisis in Appalachia
The Appalachian Regional Commission just released a new data visualization tool illustrating the impact of the opioid epidemic in the Appalachian Region and its relation to socioeconomic factors such as unemployment, poverty, education, and disability.
ARC Executive Director Scott T. Hamilton said this tool could be “valuable to communities developing comprehensive strategies to address the epidemic.”
This information is concerning. However, We are blessed, here in the Isothermal Region with people who want to change the trajectory of this issue.
2018 North Carolina Employer Needs Survey
The Labor & Economic Analysis Division of the North Carolina Department of Commerce has released the 2018 Employer Needs Survey. This is a representative survey of all NC employers with 10+ employees. Nearly 2,000 completed surveys from all 100 counties. Click here to view the report!