1. RURAL ECONOMIC DEVELOPMENT DIVISION D R. P ATRICIA M ITCHELL, CE C D | A SSISTANT S ECRETARY NC Economic Development Board August 27, 2014 NORTH CAROLINA DEPARTMENT OF COMMERCE

2. Rural Economic Development Division NCGS 143B-472.126 ASSISTANT SECRETARY CDBG ECONOMIC DEVELOPMENT RURAL GRANTS & PLANNING Economic Infrastructure Grants Building Reuse Grants Demolition Grants Planning Assistance APPALACHIAN REGIONAL COMMISSION NC MAIN STREET Small Towns Main Street Main Street Main Street Solutions Fund INDUSTRIAL DEVELOPMENT FUND Operations Manager Administrative Assistant

3. Rural Infrastructure Authority 15-member politically appointed board makes all grant awards (5 each from Governor, House, Senate) Meet six times per year to consider grant applications / special called meetings if needed for a fast moving project

4. Rural Grants / Building Reuse Grants Can grant into all 100 counties Rehab vacant or existing business buildings Expand or construct rural healthcare buildings – Creation of jobs

5. Rural Grants / Economic Infrastructure Can grant into all 100 counties Public infrastructure Water / Sewer / Rail / Road / Broadband / Gas Often used for industrial parks or upgrades to water/sewer for existing manufacturing buildings

6. Demolition Developing program criteria – Partnerships for analyses of salvageable materials; hazardous materials; historically significant? – Site rehabilitation rather than job creation? Authority has granted a 6-month extension on having criteria in place

7. CDBG-ED Federal Funds (HUD) Public Infrastructure Building Reuse

8. Utility Fund Public Infrastructure Fund created from payout of State incentive grants / JDIG Reasonably expect job creation

9. AWARDS 12/18/2013 – 8/21/2014 Building Reuse10,339,302 Economic Infrastructure 1,350,000 Utility Fund 9,273,882 CDBG-ED 9,942,755 CDBG-ED Loan 7,000,000 37,905,939

11. Budgetary Impact of SB 744 Reduction in Force (RIF) Closure of Raleigh Planning Office Five (5) Community Planners Two (2) Administrative Assistants (in planning) Three (3) Vacant Positions left Vacant Additional Rural Grant Funds1.2M Main Street Solutions Grant Funds1M Area planning offices in Western, Piedmont and NE areas currently being restructured; Raleigh office closed.

12. QUESTIONS? D R. P ATRICIA M ITCHELL, CE C D | A SSISTANT S ECRETARY NC Economic Development Board NORTH CAROLINA DEPARTMENT OF COMMERCE