City of Albemarle issued the following announcement on June 29.
The City of Albemarle Downtown Catalyst Grant Committee has approved its first round of grant recipients totaling $86,850. The new Downtown Catalyst Grant Program assists businesses in the downtown municipal service district by offering grants to fund facade and/or building stabilization improvements as well as internal improvements including furniture, fixtures, and equipment used in the business.
The City of Albemarle Downtown Catalyst Grant program represents a unique public/private partnership. The City of Albemarle funded the program’s initial $50,000. Uwharrie Bank contributed $20,000 and the Albemarle Downtown Development Corporation (ADDC) also contributed $20,000. Learn more about the grants awarded here: https://www.albemarlenc.gov/.../Compon.../News/News/4421/287
Source: https://www.facebook.com/CityOfAlbemarleNC
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