Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • CITs Outpace Mutual Funds in 2024
    • Supreme Court allows US to cancel $4 billion in foreign aid funds
    • As Dollar Falls, Consider GLOBAL Investments!
    • Retail shifts funds into DeFi post $1.8B liquidations, is this MUTM for sustained 16x ROI this season?
    • 💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds
    • How to build a Rs 5 crore corpus by age 50 with a simple SIP plan – Money News
    • $10T Vanguard Plans to Offer Crypto ETFs to Brokerage Clients
    • Forfeiture Funds Encourage Law Enforcement To Misspend Public Money
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Holly Ridge, Wilmington to receive funds for park projects
    Funds

    Holly Ridge, Wilmington to receive funds for park projects

    September 22, 2025


    Above is an illustration of the proposed Holly Ridge Municipal Park from the town's master plan project report.
    Above is an illustration of the proposed Holly Ridge Municipal Park from the town’s master plan project report.

    Two coastal communities are in line for their share of the $8.7 million in grants for parks and recreation projects that the governor’s office announced Friday.

    Holly Ridge is to receive $500,000 out of the Parks and Recreation Trust Fund to expand a municipal park, and Wilmington is to receive $237,618 from the Accessible Parks Grant program to replace an existing playground.

    “North Carolina has incredible natural beauty, and a strong parks system allows every North Carolinian to enjoy it for years to come,” Stein said. “These investments will strengthen local economies and improve people’s health and quality of life.”

    The Parks and Recreation Authority selected the 21 projects out of 41 applications during the Aug. 22 meeting. A maximum of $500,000 can be awarded to a single project, and the awardees must match the grant funding.

    Holly Ridge has invested the last few years in making plans to add new features to an existing municipal park. The first phase of improvements, estimated to cost $1.6 million, is to include a multi-use path, splash pad, an inclusive playground, restrooms, fitness stations and parking. New water and sewer services along with storm water detention facilities to support the additions, according to the town’s Municipal Park Master Plan.

    “This is great progress for Holly Ridge,” Mayor Pete Parnian said in May when announcing the council’s decision to move ahead with the project. “The park plan reflects our commitment to building a vibrant, active, and connected community, and Phase 1 will lay the foundation for a space residents of all ages can enjoy for years to come.”

    Wilmington officials said in early 2025 that the Parks and Recreation Department planned to apply for the grant to replace the existing playground at the Fit For Fun Center with one that is an Americans with Disabilities Act-compliant structure, extend the playground surface, and install new fencing.

    An indoor play space for children, the center’s outdoor playground was installed in 2002, “sees a comparatively high volume of use, and is not ADA accessible,” officials said at the time. The grant is to “help ensure that the playground is replaced within two years and potentially with a better structure than the City could provide without additional funding.”

    For the Parks and Recreation Trust Fund, or PARTF, the total recurring funding is distributed to state parks and DuPont State Recreational Forest, municipalities, counties, and public beach and coastal accesses. The funds can be used for land acquisition, new recreation facilities, or improvements to existing parks.

    The Accessible Parks Grant program was authorized in the 2023 budget to provide matching grants for parks and recreation. The second and final round of nonrecurring funding considered 29 applicants requesting a total of $11.7 million. Awardees must match the grant with at least $1 of local funds for every $5 in grant funds.

    Both PARTF and the nonrecurring Accessible Parks grant subset are managed by the N.C. Department of Natural and Cultural Resources through its Division of Parks and Recreation. A partnership with Recreation Resources Service at N.C. State University offers assistance from grant specialists to local applicants.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Supreme Court allows US to cancel $4 billion in foreign aid funds

    September 26, 2025

    Retail shifts funds into DeFi post $1.8B liquidations, is this MUTM for sustained 16x ROI this season?

    September 26, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    Supreme Court allows US to cancel $4 billion in foreign aid funds

    September 26, 2025

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    CITs Outpace Mutual Funds in 2024

    September 26, 2025

    There is no question of collective investment trusts’ popularity among retirement plan fiduciaries and investment…

    Supreme Court allows US to cancel $4 billion in foreign aid funds

    September 26, 2025

    As Dollar Falls, Consider GLOBAL Investments!

    September 26, 2025

    Retail shifts funds into DeFi post $1.8B liquidations, is this MUTM for sustained 16x ROI this season?

    September 26, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    JioBlackRock gets SEBI approval for 4 new mutual funds

    July 16, 2025

    Portuguese pupils complete study marathon to raise funds for Ukrainian children’s summer camp

    August 26, 2025

    PPL making big investment in the electric grid | News, Sports, Jobs

    August 7, 2024
    Our Picks

    CITs Outpace Mutual Funds in 2024

    September 26, 2025

    Supreme Court allows US to cancel $4 billion in foreign aid funds

    September 26, 2025

    As Dollar Falls, Consider GLOBAL Investments!

    September 26, 2025
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.