GNRC Annual Report for FY 2021

ECONOMIC + COMMUN I T Y DEVELOPMENT

The Economic and Community Development team collaborates with local elected leaders, area chambers of commerce, local and state economic development officials, and state and federal agencies to prioritize and invest in initiatives that increase economic prosperity and improve quality of life throughout the region.

Grant Writing and Administration GNRC assists communities with planning, packaging applications and managing grants to address community needs. Support includes structuring the application, organizing target area surveys, holding public hearings, and completing the full application. $64M Total value of on-going projects administered across the region Small Business Lending The Mid-Cumberland Area Development Corporation (MADC) was established by GNRC as a non-profit corporation to serve the capital needs of small businesses in Middle Tennessee. GNRC staffs the program as part of its economic and community development programs. $23M Total portfolio size has supported the creation of more than 250 jobs

Arts and Creative Placemaking GNRC is the designated agency to facilitate the Tennessee Arts Commission’s Arts Builds Communities grant program across eligible counties. This program supports local governments and charitable organizations to broaden access to arts experiences, address community quality of life. $62K+ Awarded to support local arts projects across Middle Tennessee Rural Tourism GNRC supports growing tourism revenue for rural counties through its work with the Middle Tennessee Tourism Council. These programs provide access to state and federal grant programs, and improve coordination among local governments and industry partners. $58K Awarded to local communities to support tourism activities

Housing Resources

GNRC administers home repair programs benefiting low- income families, older adults, and persons with disabilities with funds from the Tennessee Housing Development Agency.

14 Low-income homeowners received repairs to their homes

28

Made with FlippingBook Annual report maker