LIFT Fund
The Buncombe County Tourism Development Authority’s Legacy Investment from Tourism (LIFT) Fund provides financial investment through grants, loan guarantees, or pledges of debt service to tourism-related capital projects that will increase patronage of lodging facilities and benefit the community at large in Buncombe County.
The LIFT Fund can be used to support the following types of tourism-related capital projects:
- Construction of a new location or relocation
- Expansion of an existing location
- Restoration or rehabilitation of an existing location
- Maintenance of a tourism-related capital project
- Design of a tourism-related capital project
- Project administration of a tourism-related capital project
- Enhancement of natural resources
- Expansion of necessary infrastructure
Application Process:
For a project to be considered for funding, it must successfully complete a 2-phase application process. All applications will be reviewed by the LIFT Committee, and the Committee will then make funding recommendations to the Buncombe County Tourism Development Authority (BCTDA). Nonprofit organizations and government entities are eligible to apply.
Click here to learn more about application process, timeline, and eligibility.