The Town of Princeville has been awarded $625,000 in State Community Development Block Grant Neighborhood Revitalization funds.
The town’s project proposes to clear and replace two owner-occupied housing units with modular units on King and Otis avenues. The funds will also pay for relocation costs for low- to moderate-income homeowners during the construction.
The award was one of 30 awarded to 27 local governments totaling $42.3 million and targeted to provide housing and public improvements for low- and moderate-income North Carolinians.
“We had two families submit applications that were selected,” Town Manager Glenda Knight said. “Now they will get new houses as part of the recovery process.
The block grant program offers non-entitlement municipalities and counties the opportunity to tailor community development projects to address the specific and most critical needs of their communities. This year’s awards include $5 million in funding that was earmarked by the General Assembly exclusively for the Rural Community Development Fund, a set aside for non-housing community development projects in Tier 1 and Tier 2 counties.
The program conducted two rounds of funding with an increased maximum grant award to offset rising construction costs and other special needs that were impacted by the COVID-19 pandemic.
The first round of funding included 18 projects receiving $15.7 million in grant awards up to $950,000.
“This grant allows us to continue our recovery and to live up to our mayor’s (Bobbie Jones) motto of “Build back bigger, better and bolder” as we work to improve the quality of life for our citizens,” Knight said. (Breaking News)
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