Rural economic development grant - electric farm bill

Active Project Grant Awarded

Award ID
CLSS00000091237
Recipient
Awarding agency
Obligated
$300,000

Award facts

Assistance listing
10.854 Rural Economic Development Loans and Grants
Completion date 82% 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 awarded a $300,000 Rural Economic Development Grant (CFDA 10.854) to Four County Electric Membership Corporation, a non-profit electric cooperative located in Burgaw, North Carolina. The grant, with a period of performance from March 4, 2025, to March 4, 2027, will support economic development and job creation initiatives in rural North Carolina communities served by the cooperative. Eligible activities under this federal grant program include feasibility studies, business start-up costs, business incubator projects, and other reasonable expenses to foster rural economic development. Four County Electric Membership Corporation has consistently received Rural Economic Development Loans and Grants from the USDA, indicating its ongoing commitment to advancing economic growth and infrastructure development in the region.

Quick answers

Who received award CLSS00000091237?

CLSS00000091237 was awarded to Four County Electric Membership Corporation by Rural Business Cooperative Services (Washington Office) on March 4, 2025.

How much is award CLSS00000091237 worth?

$300,000 has been obligated on CLSS00000091237.

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