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BCTDA Greenlights Additional $6.1M in Community Projects Through TPDF in 2023

BCTDA Greenlights Additional $6.1M in Community Projects Through TPDF in 2023

The Buncombe County Tourism Development Authority (BCTDA) approved more than $6 million of new investment in three major tourism projects to benefit visitors and residents. Including the nearly $23 million committed to McCormick Field during the BCTDA’s July meeting, Tourism Product Development Fund (TPDF) investments total more than $29 million in awards this year, marking the largest annual investment in the 20-year history of the fund.

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McCormick Field Awarded First Debt Service Project Investment from Buncombe County Tourism Development Authority

McCormick Field Awarded First Debt Service Project Investment from Buncombe County Tourism Development Authority

At the July board meeting the Buncombe County Tourism Development Authority (BCTDA) approved nearly $23 million in multi-year funding for the City of Asheville’s McCormick Field Centennial Restoration & Capital Improvements Project. This investment marks the first debt service project and the largest Tourism Product Development Fund (TPDF) investment ever granted.

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