The North Carolina Department of Commerce is inviting applications for its Demolition Grant Program.
Donor Name: North Carolina Department of Commerce
State: North Carolina
County: All Counties
Type of Grant: Grant
Deadline: 08/25/2022
Size of the Grant: Up to $150,000
Details:
The Rural Economic Development Division, as authorized under N.C.G.S. 143B-472.127, provides grants to local governments to support the demolition of vacant buildings to encourage site rehabilitation and site availability for economic development purposes.
Funding Information
- Up to $75,000 for buildings 100,000 square feet or less
- Up to $150,000 for buildings over 100,000 square feet
- Maximum of $12,500 per projected job to be created on the rehabilitated site.
Eligibility Criteria
Eligible applicants are units of local government located in Tier 1 or Tier 2 counties*, and rural census tracts in Tier 3 counties.** As authorized in N.C.G.S. 143B-472.127(a)(2), a rural census tract** is an area having a population density of less than 500 people per square mile in accordance with the most recent decennial federal census.
Requirements
- The unit of local government is required to own the property.
- The building must be vacant for three years prior to the proposed demolition.
- Once the demolition is completed, the property may not be used for government/public use, parking, recreation, or housing for at least three years after the award date.
- The local government must contribute at least 25% of the total project cost as a cash match. The cash match shall come from local resources and may not be derived from other State or federal grant funds
- There must be a reasonable expectation of private sector investment and job creation at the rehabilitated site. Properties zoned for residential use are not eligible for this grant.
- Grant funds may only be used for demolition and removal of the subject building only.
- Upon completion of the project the property must be site ready for development
- The unit of local government receiving funds under this grant program shall comply with all federal, state, and local laws, rules, regulations, and ordinances applicable to the project and to the grants pertaining thereto, including (without limitation), requirements relating to procurement, environmental standards and permitting standards where applicable. Grantees are encouraged to consult with their attorney to ensure compliance with all applicable demolition requirements.
For more information, visit NCDC.
