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North Carolina Governor Newsroom·US·

Governor Stein Announces $504 Million of Investment and 78 New Jobs for Rural North Carolina

Governor Stein Announces $504 Million of Investment and 78 New Jobs for Rural North Carolina Release Date Thu, 10/15/2026 - 12:00 sengel Thu, 10/15/2026 - 13:58 Today Governor Josh Stein announced that North Carolina's Rural Infrastructure Authority (RIA) has approved nine grant requests for local governments totaling $2,236,000. The grants include commitments to create a total of 219 jobs, 141 of which were previously announced. As a result of these grants, the additional private investment in these projects is expected to exceed $504 million. “These infrastructure grants strengthen the foundation for growth in rural North Carolina,” said Governor Josh Stein. “This funding helps towns and counties compete for new economic development opportunities and create lasting prosperity for North Carolinians across our state.” The RIA is supported by the rural economic development team at the North Carolina Department of Commerce. RIA members review and approve funding requests from local communities. Funding comes from a variety of specialized grant and loan programs offered and managed by the North Carolina Department of Commerce’s Rural Economic Development Division, which is led by Assi

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