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Forsyth County Board Discusses Economic Development Incentives and Housing Growth Initiative

September 26, 2025 | Forsyth County, North Carolina


This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

Forsyth County Board Discusses Economic Development Incentives and Housing Growth Initiative
The Forsyth County Board of Commissioners held a bi-monthly meeting on September 26, 2025, focusing on economic development strategies and infrastructure projects aimed at enhancing local business growth. Key discussions revolved around the county's incentive programs designed to attract target industries and support job creation.

The board outlined two primary methods for providing economic development assistance: local performance incentives and infrastructure support. Local performance incentives are financial aids aimed at attracting businesses in sectors such as aviation, healthcare, advanced manufacturing, and technology. The county has established Business Assistance Guidelines that detail the criteria businesses must meet to qualify for these incentives.

During the meeting, officials presented a comprehensive overview of the county's incentive history, highlighting 29 incentives that have either been completed, are currently active, or have been approved but not yet activated. Since 2015, 12 incentives have been completed, resulting in over $481 million in capital investment and the creation of more than 2,000 jobs. Current active incentives are projected to generate approximately $677 million in capital investment and 580 jobs.

The board also discussed ongoing infrastructure projects, including the completion of a waterline extension along Highway 65 and the installation of a sewer line at Tanglewood Business Park, which will enhance commercial development capacity. Additionally, the Southeast Forsyth County Sewer Expansion Project is underway, funded by a $19.7 million appropriation from the General Assembly.

A significant highlight of the meeting was the emphasis on workforce development, particularly through the LEAP program, which supports apprenticeships in advanced manufacturing. Since its inception in 2019, the program has seen over 200 apprentices, with several companies actively participating.

The meeting concluded with a commitment to continue evaluating and updating the county's incentive programs to ensure they align with current economic needs and opportunities. The board plans to host a community meeting in late October to engage with residents about the new waterline and its benefits for local households.

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Scribe from Workplace AI
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