Rural economic development grant - electric farm bill

Active Project Grant Awarded

Award ID
CLSS00000091240
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 Loan and Grant (REDLG) Program (CFDA 10.854) project grant to Four County Electric Membership Corporation, a non-profit electric cooperative in Burgaw, North Carolina. The grant will fund rural economic development and job creation initiatives in the local community over a 2-year project period from March 2025 to March 2027. Eligible activities under the REDLG program include feasibility studies, business start-up costs, business incubator projects, and other reasonable expenses to foster rural development. Four County Electric Membership Corporation has a history of receiving REDLG awards and using the funds to support infrastructure improvements, disaster recovery efforts, and economic growth in its rural North Carolina service area.

Quick answers

Who received award CLSS00000091240?

CLSS00000091240 was awarded to Four County Electric Membership Corporation by Rural Business Cooperative Services (Washington Office) on March 4, 2025.

How much is award CLSS00000091240 worth?

$300,000 has been obligated on CLSS00000091240.

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