From the office of Gov. Pat McCrory:
Raleigh, N.C. – Governor Pat McCrory announced that the Office of State Budget and Management (OSBM) has authorized payments for 34 grants funded by the North Carolina Rural Economic Development Center. The grants total $1,724,330.54.
“The Office of State Budget and Management is working diligently to review these grants so payments can proceed in a timely manner,” said Governor McCrory. “I applaud their effort to ensure accountability while honoring our commitment to these rural communities.”
Separately, OSBM authorized payments this week totaling $959,673.86 related to the Rural Center’s Clean Water Bond Program to Tyrell County Water and Sewer as well as the municipalities of Sanford and East Yancey.
Since August 1, OSBM has authorized payments for 51 grants submitted for funding by the N.C. Rural Economic Development Center. The grants total more than $3.4 million.
The Commerce Department and OSBM are currently working with a five-member Rural Center board committee on the transition of programs and grants to the Commerce Department.
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