Redl - electric grant

Active Project Grant Awarded

Award ID
CLSS00000088750
Recipient
Awarding agency
Obligated
$300,000

Award facts

Assistance listing
10.854 Rural Economic Development Loans and Grants
Completion date 94% complete
Place of performance
North Carolina, USA

Award details come from USAspending.gov.

About this award

The U.S. Department of Agriculture's Rural Housing Service, through the Rural Economic Development Loans and Grants (REDLG) program (CFDA 10.854), awarded a $300,000 project grant to Four County Electric Membership Corporation, a non-profit electric cooperative in Burgaw, North Carolina. The funding is intended to support rural economic development and job creation initiatives in the state over a 2-year period from December 5, 2024 to December 5, 2026. The grant will enable Four County Electric Membership Corporation to conduct feasibility studies, provide start-up funding for local businesses, support business incubator projects, and implement other reasonable economic development activities in the rural communities it serves. Additionally, the organization has received sub-awards from the North Carolina Department of Public Safety for disaster recovery efforts, demonstrating its capacity to support community resilience and emergency response.

Quick answers

Who received award CLSS00000088750?

CLSS00000088750 was awarded to Four County Electric Membership Corporation by Rural Business Cooperative Services (Washington Office) on December 5, 2024.

How much is award CLSS00000088750 worth?

$300,000 has been obligated on CLSS00000088750.

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