County of Watauga issued the following announcement on Aug. 3.
The Watauga County Board of Commissioners will hold a public hearing at 5:30 PM, Tuesday, August 17, 2021 to consider submitting a grant application for Building Reuse funds from the NC Department of Commerce. Said grant would provide funds to loan to “Project Checkout” to renovate a building, which will facilitate creation of an estimated 40 jobs. The loan will be forgiven if the jobs are created and maintained for at least 6 months. A 5% local match is required; the estimated amount is up to $25,000, and can be a combination of in-kind (administrative time) and cash. It is proposed that the County provide the local match with the Economic Development Capital Reserve Account being the source of any cash needed. The hearing will be held in the Commissioners Board Room, County Administration Building, 814 West King Street. Comments from the public are welcome. For further information, please email p&i@watgov.org, or call (828)264-3082.
Original source can be found here.
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