UPDATE: North Carolina Governor Josh Stein has just announced a groundbreaking grant initiative, injecting $14 million into small business recovery efforts across the western regions of the state. This funding aims to revitalize local economies impacted by Hurricane Helene and is part of a broader $55 million recovery strategy.
In a release from the governor’s office, 19 projects have been earmarked for support through the SmBIZ program, which is backed by both the state and the North Carolina General Assembly. Governor Stein emphasized the urgency of this funding, stating, “This new round of local government recovery grants is a much-needed shot in the arm to the main streets that businesses depend on.”
These strategic grants, administered by the state’s Department of Commerce’s Rural Economic Development Division (REDD), are designed to enhance vital infrastructure such as water and sewer systems, gas lines, sidewalks, and stormwater management systems. The focus is on areas severely affected by last fall’s floods, where critical repairs are necessary for the economy to thrive.
Among the projects receiving funding are essential updates in Asheville’s Biltmore Village, including the restoration of historic brick sidewalks and upgrades to pedestrian ramps for ADA accessibility. In Spruce Pine, stormwater infrastructure improvements aim to safeguard local businesses from future flooding.
Meanwhile, emergency repairs in Maggie Valley are addressing a compromised municipal sewer pipe, and Bryson City will see a significant $1 million investment to replace a crucial water main beneath the Tuckasegee River. These efforts are vital to restoring reliable utility services that businesses rely on daily.
Governor Stein is urging REDD to streamline grant protocols, allowing recipients to access portions of their funding upfront to expedite project initiation. Commerce Secretary Lee Lilley praised the initiative, stating, “These investments are helping Helene-impacted communities rebuild stronger, safer, and more resilient local economies.”
The urgency of these developments cannot be overstated. With approximately $32 million still available for recovery efforts, REDD is actively accepting applications from local governments in affected counties. Interested parties can find more details and submit requests via the Commerce Department’s website.
As the region continues to recover from the devastating impacts of Hurricane Helene, these grants represent not just financial support but a beacon of hope for small businesses striving to regain their footing. Each repaired sidewalk and restored utility line signifies a step towards a more robust economic future for Western North Carolina.
Stay tuned for additional updates as recovery efforts progress and more projects are announced.
