DEVELOPMENT FINANCE INITIATIVE: BY THE NUMBERS

Active projects started in 2019

• Dare County
• Mocksville
• Salisbury (2)
• Sanford
• Southern Pines
• Davie County
• Elizabethtown
• Garner
• Goldsboro
• Jacksonville
• Kinston
• Lumberton
• Rockingham
• Wake Forest
• Whiteville

Active projects started before 2019

• Bermuda Run
• Wake Forest
• Boone
• Concord
• Durham
• Hickory
• Kannapolis
• Kinston
• Rocky Mount
• AlbemarleElon
• Morganton
• Pineville
• Hendersonville
• Morrisville
• New Bern
• Wilson
• Gastonia

Closed projects started in 2019

• Brevard
• Caldwell County
• Greenville
• Kannapolis
• Kinston
• Mooresville
• North Wilkesboro
• Sanford
• Anson
• Laurinburg
• Southport
• Timberlake

Total projects

• 14 total projects in 2019, including four class projects and 10 DFI projects
• 145 total projects overall, including 32 class projects and 113 DFI projects

Projects by community size

In communities with populations greater than 50,000:

• 1 project in 2019
• 27 projects overall

In communities with populations between 20,000 and 50,000:

• 6 projects in 2019
• 37 projects overall

In communities with populations between 2,500 and 20,000:

• 6 projects in 2019
• 64 projects overall

In communities with populations less than 2,500:

• 1 project in 2019
• 17 projects overall

Projects by economic development tier

In Tier 1 communities:

• 9 projects in 2019
• 44 projects overall

In Tier 2 communities:

• 2 projects in 2019
• 56 projects overall

In Tier 3 communities:

• 3 projects in 2019
• 45 projects overall

County distress rankings are released annually by the North Carolina Department of Commerce. The 40 most distressed counties are designated as Tier 1, the next 40 as Tier 2 and the 20 least distressed as Tier 3.

Projects by level of economic distress

In severely distressed communities:

• 9 projects in 2019
• 96 projects overall

In distressed communities:

• 2 projects in 2019
• 19 projects overall

In non-distressed communities:

• 3 projects in 2019
• 30 projects overall

Areas of distress are determined using the New Markets Tax Credit Mapping Tool.