All tagged public investment

Governor Cooper announces 21 Grants to rural communities to attract 539 new jobs and more than $546 million in private investment

The North Carolina Rural Infrastructure Authority (RIA) has approved 21 grant requests to local governments totaling $5,916,198, Governor Roy Cooper announced today. The requests include commitments to create a total of 1,200 jobs, 661 of which were previously announced. The public investment in these projects will attract more than $546 million in private investment.

Lawmakers Embrace Capital Idea

North Carolina’s state government has a multi-billion-dollar surplus. Its enormity has multiple causes: past spending discipline, revenue growth from a resurgent economy, and gobs of borrowed federal money. Its enormity also presents North Carolina’s conservative-run legislature with a challenge.