Appalachian Community Capital Announces Over $1.9 M in Technical Assistance for 34 Development Projects in Central Appalachia
June 2, 2022
Christiansburg, Va. (June 2, 2022) – Opportunity Appalachia, a program of Appalachian Community Capital (ACC), has awarded 34 projects with the support to prepare for $177 million in financing for downtown and rural redevelopment projects in Central Appalachia. Proposed projects will develop a range of properties poised to create over 1,700 local permanent jobs, supporting over 230 individual businesses. Planned uses include manufacturing facilities; downtown development; community centers; health, wellness, and childcare centers; food and agricultural facilities; hotels; and retail enterprises. The projects are located in Appalachian communities in North Carolina, Ohio, Tennessee, Virginia, and West Virginia. This brings the total number of projects assisted by Opportunity Appalachia to 51 projects seeking over $420 million in financing.