Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • New entrants eat into SIP inflows of listed Mutual funds
    • Meitav’s Mutual Funds Division Soars: Surge in Market Share Driven by Record-Breaking Inflows
    • 3 Top-Ranked Lord Abbett Mutual Funds With Stellar Track Records
    • I Bonds Now Pay 5.51%. Can Dividend Stocks Compete?
    • XRP ETFs Draw $1.81B Despite $440M Paper Losses
    • Bitcoin ETFs bleed $1.16 billion in three days as price holds above $76,000
    • Leverage Shares by Themes Prepares Short Anthropic ETFs ANSS and ANDD as the Bear Case for the ANT IPO Comes into Focus
    • What Trade-Offs Do Active ETFs Face?
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Sunset Beach park to receive grant funds from state
    Funds

    Sunset Beach park to receive grant funds from state

    August 29, 2024


    Sunset Beach is receiving a grant from its Parks and Recreation Trust Fund to help with the development of Majestic Oaks Park. (Port City Daily/File)

    BRUNSWICK COUNTY — As part of $17.9 million in grants announced by Gov. Cooper Thursday, a park in a nearby coastal community will benefit from its windfall.

    The Majestic Oaks Park Development is one of 46 statewide to receive money through the Parks and Recreation Trust Fund (PARTF). The Parks and Recreation Authority approved the grants at an Aug. 23 meeting.

    “These awards through the Parks and Recreation Trust Fund and the Accessible Parks Grant will bring tremendous impact to communities across North Carolina by providing more parks, more trails and more accessible recreation,” Cooper said in a press release 

    Annually, the authority looks at requests from municipalities and counties to allocate 30% of PARTF’s total funding. Majestic Oaks Park Development received the maximum payout of $500,000, which must be matched by local funds dollar for dollar.

    Roughly 40 grant applications were submitted totaling $15.1 million and 22 projects were funded fully, with one project given partial funding. This totaled $9.5 million.

    Majestic Oak is 4.28 acres tract on the east end of island between Cobia Street and 16th Street that the town has been wanting to purchase for years to preserve as open space. While it has not been decided what amenities will be included, Sunset Beach council has discussed the bay area of South Jinks Creek as a spot for a kayak launch, observation deck and a fishing pier.

    The 2024-2025 budget includes money for designs and engineering.

    Other funding from PARTF comes from its Accessible Parks Grant program, made up $12.5 million. The money helps with construction of special facilities or adapting existing ones so park-goers of all abilities can participate in recreational and sporting activities.

    The authority received 23 applications.

    “These projects will enhance quality of life, improve health, and strengthen local economies,” N.C. Department of Natural and Cultural Resources Secretary D. Reid Wilson said in a release.

    In 30 years PARTF has doled out over $800 million to help parks statewide.


    Tips or comments? Email info@localdailymedia.com.

    Want to read more from PCD? Subscribe now and then sign up for our newsletter, Wilmington Wire, and get the headlines delivered to your inbox every morning.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Investors pull billions in funds from Binance after record $6.3bn hack | Binance

    November 1, 2026

    Should I invest in sector funds such as banking, technology, pharma | Personal Finance

    November 1, 2026

    Index vs actively managed funds: What’s better for new investors? | Personal Finance

    October 31, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Gold ETFs: A look at inflows, AUM and returns ahead of Dhanteras 2026

    November 4, 2026

    New entrants eat into SIP inflows of listed Mutual funds

    November 4, 2026

    [Simple Explanation] What changes if government bonds are handled on the blockchain?|かんたん解説編集部

    November 3, 2026

    Investors Withdrew Cash From Crypto ETFs, Except for One Altcoin

    November 4, 2026
    Don't Miss
    Mutual Funds

    New entrants eat into SIP inflows of listed Mutual funds

    November 4, 2026

    The inflows through systematic investment plan of leading listed mutual funds have taken a hit…

    Meitav’s Mutual Funds Division Soars: Surge in Market Share Driven by Record-Breaking Inflows

    November 4, 2026

    3 Top-Ranked Lord Abbett Mutual Funds With Stellar Track Records

    November 4, 2026

    I Bonds Now Pay 5.51%. Can Dividend Stocks Compete?

    November 4, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    How an Australian fund house came to buy a boutique UK asset manager

    November 10, 2025

    How Our Favorite ETFs Are Performing Amid Market Volatility

    June 15, 2025

    Real estate leads AIF investments in India, claims 15% share with net inflows of ₹73,903 cr

    April 21, 2025
    Our Picks

    New entrants eat into SIP inflows of listed Mutual funds

    November 4, 2026

    Meitav’s Mutual Funds Division Soars: Surge in Market Share Driven by Record-Breaking Inflows

    November 4, 2026

    3 Top-Ranked Lord Abbett Mutual Funds With Stellar Track Records

    November 4, 2026
    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

    🇮🇸 CPP Investments and Equinix complete atNorth acquisition to support growth of leading Nordic data center platform

    September 1, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

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