Known as a trendy and laid-back vacation spot, day-trip adventure destination, and a perfect weekend getaway, the Village is also an ideal place to start a family, retire, or raise children.

Located just over an hour from Charlotte, only 30 miles south of Asheville, and a short 30 minutes from Hendersonville, Chimney Rock Village sits at the base of the famous Chimney Rock State Park and along the Rocky Broad River. 

 Towering 315 feet over the Village, the historic Chimney Rock State Park became an official North Carolina State Park in 2007. The 404-foot Hickory Nut Falls is among the most dramatic waterfalls in the United States, made forever famous for its footage in the movie, The Last of the Mohicans,  filmed here in 1992. Tragically, the Village was nearly destroyed by TS Helene on September 27, 2024.

In Fall 2024, the CHIMNEY ROCK ECONOMIC DEVELOPMENT (and) INVESTMENT TEAM, Inc., also known as CREDIT was formed to help with the recovery of the village.

ECONOMIC DEVELOPMENT AND BUSINESS: Chimney Rock Economic Development and Investment Team, Inc. (CREDIT) also DBA as Rebuilding Chimney Rock, or Rebuild the Rock (or) similar. This is a 501c3 non-profit corporation established to provide funding within the commercial business district in Chimney Rock Village.

(1) This is a private corporation for the purpose of helping restore, re-establish or establish businesses and protect and or help business properties within the municipal boundaries of Chimney Rock Village through grants, partnerships or participation to restore business only in Chimney Rock Village.
(2) These will be grants, based on a individually designed project. The projects will be created and developed through private partnerships with property owners, businesses and other invested entities that will provide a favorable business environment for the community, provide employment and will reestablish the vibrant central business district of the Village.
(3) Corporate Economic Development payments/grants will be made directly to the vendors or contractors involved in the project, not to the owners.
(4) Appropriate liens will be retained for a period of time, to be determined on a project by project basis, on the property to protect the Corporate investment. After a defined period, these liens can/will be marked paid in full of no interest or payments required. Yet, if property of business is sold, transferred or other situations cause the property to be sold or transferred prior to the grant agreement/contract designated time, the liens representing the Corporate’s investment in the property’s restoration or creation will be collected and these funds will be reinvested into the Corporation for future use.
 Interest rates may be applied to the lien and collected if the property is sold or transferred prior to the end of the period. Rates can be determined as a percentage of the gross grant amount. This rate will be determined and included in any lien document and will not change throughout the period of time as per grant agreement(s).
 Example: Potential Lien Period of time from payment of the Grant. This would be from the first payment made to a Vendor, Contractor, Engineer, Service Provider or Materials Purchase, etc. Once the Grant has been approved and upon the first payment, the lien will be applied to the property.
o Grants up to $ 100,000 (36 month to 60 month)
o Grants from $ 100,001 to $ 250,000 (61 Months to 96 Months)
o Grants from $ 250,001 to $ 750,000 (97 Months to 120 Months)
o Grants In Excess of $ 750,000 (121 Months – To Be Determined)
(5) This Corporate Entity, Chimney Rock Economic Development (and) Investment Team, Inc. (a 501c3 Non-profit organization) is specifically for assisting and promoting economic development in Chimney Rock Village and are not associated with any governmental entity.
(6) This non-profit entity also may consider grants rather than loans, to assist an entity within the areas that were destroyed due to the impact of TS Helene. These recipients must be within the boundary limits of the North Carolina incorporated municipality, Chimney Rock Village and these funds may be to assist a business with rebuilding, restoration, retention and to assist their efforts to re-establish their business. The focus will be on current economic viability, employment retention and/or expansion or better compatibility or competitivity into the future of the Village’s business community.

CORPORATE DATA AND INFORMATION:
Entity Corporate Name: Chimney Rock Economic Development Investment Team, Inc. (CREDIT)
Checks may be mailed to: 1264 Maple Creek Road, Rutherfordton, NC 28139
Checks can be made to: Chimney Rock Economic Development Investment Team, or dba as Chimney Rock Economic Development or to Rebuilding Chimney Rock or similar.
Funds may be wired or ACH transfers upon request.
An EIN # may be provided upon request.
Corporate Officers and Founders:
Ariel Haas; President
Stephen G Duncan; Secretary/Treasurer (CEO)
Mary Jaegar Gale; Board Member

For additional Information:
Stephen G Duncan
(828) 777-5718 Cell/Direct