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The only grant awarded in the county was $7,972,490, to Pembroke.
According to the Internal Revenue Service, opportunity zones were added to the tax code under The Tax Cuts and Jobs Act of 2017. The bill has come under some criticism for creating another big tax break for the ultra-wealthy.
The following table shows how much the EDA invested in projects in all counties in North Carolina in 2020.
Total awarded by county in North Carolina (2020)
Rank | County | Total |
---|---|---|
1 | Johnston County | $10,722,780 |
2 | Robeson County | $7,972,490 |
3 | Pitt County | $7,467,000 |
4 | Columbus County | $6,000,000 |
5 | Carteret County | $4,109,750 |
6 | Sampson County | $3,236,725 |
7 | Catawba County | $420,000 |
8 | Jackson County | $300,000 |
8 | Perquimans County | $300,000 |
ORGANIZATIONS IN THIS STORY
Shannon• Wakulla• Town of Fairmont• Town of McDonald• Elrod• Town of Pembroke• Rex• City of Lumberton• Town of Proctorville• Barker Ten Mile• Town of Raynham• Town of Lumber Bridge• Raemon• Town of Rowland• Town of Marietta• Town of Orrum• Town of Parkton• Prospect• Town Of Rennert• Town Of St. Pauls
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