Trump Administration Invests $41 Thousand in Rural Business Development Grants in Rural North Carolina

Release Date
Aug 26, 2020

FOUR OAKS, N.C., August 26, 2020 – The Trump Administration today announced that the United States Department of Agriculture (USDA) is investing $41 thousand to study future development in Four Oaks in rural North Carolina.

“This grant will help facilitate Four Oaks effectively handle the steady growth the town is experiencing,” said USDA Rural Development North Carolina State Director Robert Hosford. “Under the leadership of President Trump and Agriculture Secretary Perdue, USDA has been working tirelessly to be a strong partner to rural North Carolina in building stronger and healthier communities, because we know when rural America thrives, all of America thrives.”

In rural North Carolina, Four Oaks will use a $41 thousand grant to study the best practices to facilitate the growth the community is experiencing in North Carolina.

USDA Rural Development provides loans and grants to help expand economic opportunities and create jobs in rural areas. This assistance supports infrastructure improvements; business development; housing; community facilities such as schools, public safety and health care; and high-speed internet access in rural areas. For more information, visit www.rd.usda.gov.

If you’d like to subscribe to USDA Rural Development updates, visit our GovDelivery subscriber page.

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