The Henderson County Tourism Development Authority (HCTDA) is accepting applications for the Destination Enhancement Grant program to support the development of tourism-related capital investment in Henderson County to promote visitation to the county and enhance the destination.
Donor Name: Henderson County Tourism Development Authority (HCTDA)
State: North Carolina
County: Henderson County (NC)
Type of Grant: Grant
Deadline: 01/05/2024
Size of the Grant: $1000 to $10,000
Grant Duration: Grant Duration Not Mentioned
Details:
Permitted Uses
Examples of permitted uses of Destination Enhancement Grant funding include but are not limited to the following types of expenses:
- Construction, expansion, renovation, rehabilitation, replacement, or acquisition of structures or tourism-related infrastructure with an anticipated life of at least 10 years
- Purchase of major equipment or similar tourism-related capital assets with an anticipated life of at least 10 years
- Design and engineering studies for tourism-related capital projects.
Eligibility Criteria
To qualify for a HCTDA Destination Enhancement Grant, the applicant must:
- Represent a project located in Henderson County
- Represent a project that will enhance Henderson County as a destination
- Have been in operation as an organization for at least one (1) year
- Be organized under the laws of North Carolina or, if organized under the laws of another state, registered to do business in North Carolina
- Be registered as a federally-recognized non-profit, if applicable
- Not be a property primarily used for lodging
- Applicant must be able to provide a match equal to at least 50% of the grant amount being requested from the program
- Utilize the funding received from the program for capital assets only.
Limitations
- Limitations Limitations imposed by HCTDA upon the Destination Enhancement Grant program include but are not limited to the following:
- Destination Enhancement Grant funding can only be used for:
-
- New construction that will enhance Henderson County as a destination for at least 10 years
- The expansion, renovation, rehabilitation, replacement, or acquisition of an existing structure that will enhance Henderson County as a destination for at least 10 years
- The acquisition of equipment or other similar capital assets that will enhance Henderson County, with an anticipated life of at least 10 years
- If a project is partially located in/will be used partially in Henderson County, only the Henderson County portion/share of the project is eligible for funding
- Grant funding cannot be used for projects located on property that is primarily used only for lodging.
- HCTDA cannot commit to funding projects in future years. HCTDA may prioritize future funding for a specific project in future years but cannot commit to funding beyond the current fiscal year of the application cycle. Organizations may reapply for funding in future years for multi-phase projects.
- HCTDA will not consider more than one application for Destination Enhancement Grant funding from any organization in a given fiscal year.
- The Destination Enhancement Grant application must be for a minimum of $8,000, with at least 50% of every dollar requested to be matched by the applicant.
Ineligible Uses
Examples of ineligible uses of Destination Enhancement Grant funding include but are not limited to:
- Operating expenses
- Salaries and benefits
- Marketing and sales expenses
- Fundraising expenses
- Travel expenses
- Legal services
- Debt reduction
- Feasibility studies
- Acquisition of land
- Expenses incurred prior to the project funding agreement
- Projects that are not open to the public
- Projects located on property that is primarily used only for lodging
- Projects that will only benefit a single lodging property.
For more information, visit HCTDA.
