State Awards $360K Building Reuse Grant to Craven
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Description
The North Carolina Department of Commerce awarded Craven County a $360,000 Building Reuse Grant for the Chatsworth Products/Project Enterprise expansion, contingent on a 5% local match of $18,000. Craven County will administer the grant to support $9.5 million in capital investment and 45 new jobs tied to reuse of an existing industrial facility.
Contract Details
Contract Amount
$360,000.00 (Building Reuse Grant) with $18,000.00 local match
Vendor
NORTH CAROLINA DEPARTMENT OF COMMERCE
Agency
Craven County, NC
Contract Type
FINANCIAL_SERVICES
Document Date
April 4, 2026
Contract Term
Grant open until job creation targets met and maintained for six consecutive months; progress reports due January 15 and July 15 while grant is open
Renewal Info
Standard Building Reuse Grant; grant remains active until required reports, expenditures, and job creation targets are met and project is closed by Commerce. No explicit renewal provisions.
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