SITE Program webinar to be held on July 24th
To kick off this round of the SITE Program, Golden LEAF staff will host an informational webinar on Monday, July 24th at 10:30 a.m. Click here to register.
The SITE Program provides support to communities to identify potential sites for economic development, enable completion of due diligence on sites already identified, or extend public utilities to or conduct grading and clearing of sites for which due diligence has been completed.
Golden LEAF has budgeted $12.5 million for the SITE Program this fiscal year which will be awarded in two rounds: Fall 2023 and Spring 2024. The Spring 2023 round of SITE Program projects were awarded in June 2023 and resulted in nine projects receiving $4.5 million. Applications for the Fall 2023 round are due September 14th at noon for consideration by the Golden LEAF Foundation Board of Directors at their December 2023 meeting. Golden LEAF will reserve approximately $6.25 million for funding the SITE Program in Spring 2024.
Golden LEAF created the SITE Program with a three-phased approach:
- SITE Program – Identification provides support to identify potential industrial sites in communities that do not currently have quality industrial sites to market.
- SITE Program – Due diligence provides funding to complete eligible due diligence activities such as environmental assessments, archaeological analyses, and mapping.
- SITE Program – Development provides funding for public infrastructure and, for publicly owned sites, clearing and grading, to benefit sites that have completed the due diligence necessary to demonstrate that the site is suitable for development.
Golden LEAF intends for the SITE Program to complement other site readiness and site development programs existing in North Carolina and has coordinated its requirements with those other programs. Applicants will be able to begin the process at any of the three phases, and a site may progress from identification through to development over time.