Building Reuse Program

Administered by NC Department of Commerce - Rural Economic Development Division · North Carolina

BENEFIT

Up to $500K

Deadline type: rolling

Eligibility Requirements

1Local governments in Tier 1 and Tier 2 counties or rural census tracts of Tier 3 counties
2Renovate vacant buildings or expand occupied buildings
3Must lead to creation of new jobs
4Health care facilities construction/renovation eligible

Eligible Project Types

CommercialIndustrialMixed Use

STACKING POTENTIAL

Building Reuse Program is stackable — it can be combined with other federal, state, and local programs on the same project. Michigan and Ohio projects commonly stack this program with Federal Historic Tax Credit, New Markets Tax Credit, and Opportunity Zone deferral to maximize total incentive value. Use GrantRadar to see your full stack.

AFTER YOU WIN

View the Building Reuse Program compliance checklist →

Reporting deadlines, vendor rules, and the disallowed-cost pitfalls that trigger clawbacks.

Source: NC Department of Commerce - Rural Economic Development Division official program page ↗ · Last verified 2026-06-23

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STACKABLE WITH

Michigan Community Revitalization Program

Up to $10M · Direct Grant

Michigan Historic Preservation Tax Credit

25% credit · Tax Credit

Michigan Brownfield TIF

Negotiated / contact agency · Tax Increment Financing

Michigan Business Development Program

Up to $10M · Direct Grant

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