North Carolina H616 revises the Selectsite Readiness Program to enhance site development for industrial projects.
North Carolina H616 modifies the Selectsite Readiness Program to improve site development for industrial projects. The bill establishes the North Carolina Selectsite Fund for grants to local governments or partnerships to acquire and prepare selectsites for major manufacturing opportunities. The Economic Development Partnership of North Carolina (EDPNC) administers the program, prioritizing sites under 1,000 acres. The fund supports due diligence, acquisition, infrastructure upgrades, and on-site preparation.
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- Legal Framework
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