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New Hanover County Makes Plans & Partnerships To Invest $45 Million In The Community by Chris Coudriet

Sponsored Content provided by Chris Coudriet - County Manager, New Hanover County Government
Grants to businesses and nonprofits negatively impacted by the pandemic, infrastructure for a new business park on Blue Clay Road and programs designed to get people back to work are all part of a framework unanimously adopted by the Board of Commissioners for New Hanover County to use its allocation of American Rescue Plan funds.

The county is expected to receive an estimated $45.4 million in federal funds, with half of it coming in May and the second half arriving a year later. Since we wanted these funds to be put to use quickly to speed our recovery from the economic impact of COVID-19, county staff developed a framework early so the mechanics and details will be ready to go once the first wave of funds is transferred. ....

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Economic developers see potential catalyst for 120 acres on Blue Clay Road

Economic developers see potential catalyst for 120 acres on Blue Clay Road
wilmingtonbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wilmingtonbiz.com Daily Mail and Mail on Sunday newspapers.

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Economic developers see potential catalyst for 120 acres on Blue Clay Road

Economic developers see potential catalyst for 120 acres on Blue Clay Road
wilmingtonbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wilmingtonbiz.com Daily Mail and Mail on Sunday newspapers.

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NHC says Rescue Act funding could increase affordable housing, but details aren't worked out yet

Listen to the story here.
The American Rescue Act signed into law by President Biden last month is sending roughly $45 million to New Hanover County. Officials say $4 million of that is earmarked for infrastructure improvements they say will help create affordable housing although it s not exactly clear how that will be worked out yet, or how much additional housing the county will be able to leverage.
Most of the $1.9 trillion in federal covid relief funding is required to be related to pandemic recovery, but the act also permits local water and sewer projects. That allows the county to use $4 million to extend water and sewer lines along Sidbury Road in northern New Hanover County. ....

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