Putting Stimulus Money To Work

Part of the state's 8-billion dollars in federal stimulus funds will soon be put to work as construction of the Highway 258 and 70 corridor project in Lenoir County starts in June.

According to the state, 60 million dollars in the next three years will bring many jobs to the area. But there's more money being released to help other agencies.

Dempsey Benton with North Carolina's Office of Economic Recovery and Investment spoke to business leaders Tuesday afternoon in Greenville. He says there are millions coming to eastern Carolina to not only create jobs, but support education, infrastructure and public housing improvements.

Benton says agencies can also apply for grant money from the federal funds, that process will be announced at a later time.

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  • by Bill Location: Raleigh on May 20, 2009 at 06:49 AM
    The work is for the GTP. Hundreds of millions of dollars going to a black hole. Why lord why.
  • by Obama Snake Oil Co Location: Washington on May 20, 2009 at 05:39 AM
    Whippeeee, all of the illegals will have jobs in eastern NC....then they can send the money home. Thanks NC for taking the money and helping Mexico and South America.
  • by Me Location: NC on May 20, 2009 at 05:02 AM
    Putting Stimulus Money Tor Work.....What is "Tor"?

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