If disaster strikes your residence or business, there are funding programs available that are specific to this type of circumstance. Below is a listing of currently known / available funding sources. This list is continuously updated, as funding sources frequently change. 

EDA

  • EDA provides assistance for construction of new public assets or renovation of existing assets that will foster job creation or job retention and lead to private investment.
  • EDA also provides limited funding for technical assistance studies to support strong economic development decision-making, including impact studies, feasibility studies, or cost/benefit analysis.
  • Information on EDA's funding programs is available here.

CDBG-DR Administered through NC Emergency Management (Application period has passed)

  • Up to $1,000,000.00 available for Housing activities including repair, rehab, replacement, clearing and several others.
  • Additional Community Recovery Activities allowed include Health Clinics, day care centers, senior centers, libraries, infrastructure activities in support of community recovery plans. 

CDBG-I Administered through NC Department of Environmental Quality (Application period has passed)

  • $10,000,000 set aside for the 46 lesser impacted counties (not including Wake, Robeson, Edgecombe, Wayne, or Cumberland Counties or larger cities such as Wilmington, Goldsboro, Greenville, New Bern and etc.).
  • Five projects in SEDC jurisdiction were awarded a total of $5,905,075.
  • For more information, click here.
  • Email Julie.Cubeta@ncdenr.gov with questions.

CDBG Division of Rural Economic Development: Neighborhood Revitalization Program (Application period has passed)
  • Awards grants to local unit of governments for housing, housing related activities, and facilities that support housing activities for low-to moderate-income persons.  
  • Priority is given to communities effected by Hurricane Matthew-affected communities. 
  • $750,000 maximum award
  • Deadline is February 28, 2018
  • Contact Program Iris Payne at (919) 814-4663 or (TDD 1-800-735-2962).     

Golden LEAF Foundation

  • $10,000,000 available 

  • Eligible projects include: repair, replacement, or demolition of existing infrastructure; infrastructure to support new housing development; repair or replacement of equipment; and construction, replacement, or improvement of public infrastructure to support hazard mitigation. For the purposes of this program, infrastructure includes nonresidential buildings that serve the public, water, sewer, sidewalks, storm drainage, and other, similar projects.

  • https://www.goldenleaf.org/grant-seekers/disaster-recovery-grant-program

NC Rural Center

  • Small Business Recovery Loan Program - $5,000 to $250,000 loans for up to 10 years.
  • For more information, visit their website.
  • Contact: JaLisha Richmond, Program Associate jrichmond@ncruralcenter.org.
  • Note: the communities of Lumberton, Pembroke, Fair Bluff, and Whiteville will have a Small Business Recovery Program. 

Hazard Mitigation Grant Program

  • Funds for projects aimed to minimize the impact of future storms. 
  • $100,000,000 in estimated funds.
  • For more information, click here
 

Emergency Community Water Assistance Grants, USDA Rural Development

  • This program helps eligible communities prepare, or recover from, an emergency that threatens the availability of safe, reliable drinking water.
  • Find your area of the state by visiting here.

U.S. Small Business Administration

  • Federal disaster loans for businesses, private nonprofits, homeowners, and renters.
  • Contact: NC@sba.gov.
  • Click for more information.

NC Housing Finance Agency

  • Rehabilitation loan with deferred payments for those who are elderly, disabled or whose incomes are below 80% of the area MHI.
  • Information is available here.