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NCREA and its Board make decisions for loan and grant requests from North Carolina EMC and TMC cooperatives for funds from the United States Department of Agriculture (USDA). Funds are used to:
In 2023, the NCREA and its Board approved eighteen loan and grant requests for USDA funds totaling $190 million which will be used to update facilities for the coops, purchase emergency equipment and for economic development in rural areas and approved one application for funds from the USDA ReConnect program in the amount of $24.9 million which is for the deployment of broadband in rural areas of the State.
There is a meeting scheduled for the REA and Its Board on Wednesday, October 30, 2024 beginning at 10:00 a.m. Once the meeting is called to order, it will be necessary to move to executive session to address and discuss a personnel matter in accordance with N.C.G.S. 143-318.11(a)(6). If anyone would like to participate in the open session of this meeting via WebEx, please call 1-415-655-0003 and the access code is 2432 003 3376.
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