The Farm, Food, and Family Education Center: Funding Sources
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Collapse ▲(As of August 16, 2022)
The Farm, Food, and Family Education Center (F3EC) project was initiated in June 2021 after previous attempts to fund an “Ag Center” in Randolph County failed. An influx of federal funding for infrastructure projects came to NC from COVID-19 relief funding. Representative Allen McNeill contacted Randolph County County Commissioners and asked if there was interest in seeking funding to revive the “Ag Center” Project. Kenneth Sherin, County Extension Director and Extension Center staff, provided a new vision through their conceptual plan document for the Farm, Food, and Family Education Center to Representative McNeill to support his funding proposal in the state budget process. With Representative McNeill’s leadership and the support of other state representatives, including NC Senator Dave Craven, funding the F3EC has gotten off to a great start. The current cost estimate from the architects is approximately $29.4 Million. The table below is an “accounting” of current funds acquired to build the F3EC. All of this information is in the public domain, either in NC State Budget Documents or Randolph County Broad of Commissioners Meeting Agendas but below is a summary. Other funding sources are being sought to bring the project across the finish line. If you have any questions (or funding sources), please contact Kenneth Sherin at kenneth_sherin@ncsu.edu or call 336-318-6000.
Amount | Source |
$18.4 Million | Allocated funds from the NC State Budget Process |
$5 Million | Randolph County Captial Reserve Fund Allocation |
$900,000 | N.C. Commerce Department Rural Transformation Grant |
$4 Million | Randolph Electric/USDA 1% Interest Loan (10 Year Repayment) |
$28.3 Million | Total |