City of Monroe Awarded $10,000 ElectriCities Grant for Downtown Building Revitalization

The City of Monroe has been awarded a $10,000 Downtown Revitalization Grant from ElectriCities of North Carolina. The competitive grant will be used to support the renovation and revitalization efforts for the historical former American Bank and Trust building located on Main Street.

The award, which was confirmed in October, underscores the City’s commitment to preserving its heritage while fostering a vibrant and economically active downtown core.

“This grant represents another important step in strengthening downtown Monroe,” said City Manager Mark Watson. “Restoring the former bank not only preserves a piece of our history, it also creates new opportunities for investment and activity in the heart of our city.”

The building, located at 120 N. Main Street, is currently being renovated and will hold the Monroe Office of Economic Development and Downtown Office once completed.

The $10,000 grant requires no matching funds and is part of ElectriCities’ program designed to support downtown revitalization goals among its member communities. The City of Monroe’s Downtown Office will coordinate with ElectriCities to finalize the grant procedures.

"ElectriCities is proud to support the revitalization of this historic building in the heart of downtown Monroe," said Carl Rees, Manager of Economic and Community Development at ElectriCities. "Helping fund a high-impact project like this will help spark growth, innovation, and a thriving downtown community for residents and visitors alike."

ElectriCities of North Carolina, Inc., is the membership organization that provides power supply and related critical services to over 90 community-owned electric systems in North Carolina, South Carolina, and Virginia—collectively known as public power. ElectriCities manages the power supply for two power agencies in North Carolina and provides technical services to assist members in operating their electric distribution systems.