The U.S. Department of Agriculture's Rural Housing Service awarded a $300,000 Project Grant under the Rural Economic Development Loans and Grants program (CFDA 10.854) to Four County Electric Membership Corporation, a non-profit electric cooperative serving rural North Carolina communities. The award, with a performance period from December 5, 2024 to December 5, 2026, will support Four County Electric's rural economic development initiatives, including funding for feasibility studies, start-up costs, business incubator projects, and other reasonable expenses to promote job growth in underserved rural regions. Four County Electric has previously received nine $300,000 Project Grants from the same federal program between 2019-2023 to advance its mission of stimulating economic development and employment opportunities in rural North Carolina.
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