Rural Downtown Economic Development Grant Program

Administered by NC Department of Commerce - NC Main Street & Rural Planning Center · North Carolina

BENEFIT

Up to $250K

Deadline type: rolling

Eligibility Requirements

1Local governments in rural areas
2Downtown revitalization and economic development initiatives
3Public improvements to retain businesses
4Leverage Main Street assets for community-wide use

Eligible Project Types

CommercialMixed Use

STACKING POTENTIAL

Rural Downtown Economic Development Grant 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 Rural Downtown Economic Development Grant Program compliance checklist →

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

Source: NC Department of Commerce - NC Main Street & Rural Planning Center 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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