Rural economic development grant - electric farm bill

Active Project Grant Awarded

Award ID
CLSS00000091243
Recipient
Awarding agency
Obligated
$203,346

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 Rural Economic Development Loans and Grants (REDLG) program, administered by the U.S. Department of Agriculture's Rural Housing Service, awarded a $203,346 project grant to the Cape Hatteras Electric Membership Corporation (Cape Hatteras EMC), a not-for-profit electric cooperative in North Carolina. The grant, awarded on March 4, 2025, is intended to support the utility's efforts to foster economic development and job creation in underserved rural communities through the REDLG program. Specifically, the funding will be used by Cape Hatteras EMC to finance feasibility studies, start-up costs, and other reasonable expenses associated with rural development projects in North Carolina. As a sub-recipient of grants from the North Carolina Department of Public Safety's Disaster Recovery program, Cape Hatteras EMC has also likely assisted with infrastructure recovery and restoring power to disaster-affected regions.

Quick answers

Who received award CLSS00000091243?

CLSS00000091243 was awarded to Cape Hatteras Electric Membership Corporation by Rural Business Cooperative Services (Washington Office) on March 4, 2025.

How much is award CLSS00000091243 worth?

$203,346 has been obligated on CLSS00000091243.

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