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USDA Rural Development Obligates Funds to Center for Homeownership and Economic Development

Robert Kerns
Release Date

Rural Development Invests $200 thousand to provide business workshops, job and employee-retention trainings, employer outreach, and job placement in Eastern NC

CREEDMOOR, N.C., November 9, 2023 –State Director Reginald Speight and members of North Carolina Rural Development Team participated in an obligation of funds-signing ceremony- with Center for Homeownership and Economic Development, in Creedmoor, today.

Rural Development is investing $200 thousand with Center for Homeownership and Economic Development through a United States Department of Agriculture Rural Business Development Grant.

The project will provide business workshops, job and employee-retention trainings, employer outreach, and job placement.

“Buying a home is one of the biggest steps a person will ever make,” said Speight. “The Center for Homeownership and Economic Development helps people avoid the embarrassment of being denied a mortgage, and to help North Carolinians determine their ability to afford a mortgage. The Center also offers free home maintenance workshops that offer tips on the maintenance and upkeep tasks that homeowners need to address to preserve the value of their homes. This is a huge win for Eastern North Carolina. The Biden-Harris Administration and USDA Rural Development are proud of this investment and partnership.”

The Center for Homeownership and Economic Development plans to use this grant to provide business-development assistance to small and emerging businesses in Edgecombe, Halifax, Martin, Nash, and Northampton counties.


Under the Biden-Harris Administration, Rural Development provides loans and grants to help expand economic opportunities, create jobs and improve the quality of life for millions of Americans 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, Tribal and high-poverty 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.

USDA touches the lives of all Americans each day in so many positive ways. Under the Biden-Harris Administration, USDA is transforming America’s food system with a greater focus on more resilient local and regional food production, promoting competition and fairer markets for all producers, ensuring access to safe, healthy and nutritious food in all communities, building new markets and streams of income for farmers and producers using climate-smart food and forestry practices, making historic investments in infrastructure and clean energy capabilities in rural America, and committing to equity across the Department by removing systemic barriers and building a workforce more representative of America. To learn more, visit www.usda.gov.


USDA is an equal opportunity provider, employer and lenders