Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Power of Rs 20 Lakh One-Time Investment in Mutual Funds: How long can it take to build Rs 5 crore, Rs 10 crore and Rs 16 crore?
    • Top 10 small-cap mutual funds: Which schemes delivered high returns with relatively lower risk?
    • Why Mutual Funds Fail Against ULIPs
    • The 3 Best Dividend ETFs to Build Lasting Retirement Income in 2027
    • How much tax should an investor pay on ₹3 lakh profit from shares or mutual funds? Check calculations
    • As rate hike looms, short duration, alternative and bond ETFs in the spotlight at Future Proof
    • Rs 25,000 Monthly SIP For 5 Years: How much could your investment have grown in top-performing midcap mutual funds?
    • Focused funds stay on fringes despite MF boom – Market News
    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

    Focused funds stay on fringes despite MF boom – Market News

    September 14, 2026

    Investors pull money from equity funds as rising oil prices fuel inflation fears

    September 11, 2026

    Private equity funds to buy as the sector bounces back

    September 11, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Power of Rs 20 Lakh One-Time Investment in Mutual Funds: How long can it take to build Rs 5 crore, Rs 10 crore and Rs 16 crore?

    September 15, 2026

    The 3 Best Dividend ETFs to Build Lasting Retirement Income in 2027

    September 14, 2026

    Starlight Investments closes £680m UK BTR fund

    September 10, 2026

    Top 10 small-cap mutual funds: Which schemes delivered high returns with relatively lower risk?

    September 15, 2026
    Don't Miss
    Mutual Funds

    Power of Rs 20 Lakh One-Time Investment in Mutual Funds: How long can it take to build Rs 5 crore, Rs 10 crore and Rs 16 crore?

    September 15, 2026

    Power of Rs 20 Lakh One-Time Investment in Mutual Funds: A one-time investment of Rs…

    Top 10 small-cap mutual funds: Which schemes delivered high returns with relatively lower risk?

    September 15, 2026

    Why Mutual Funds Fail Against ULIPs

    September 14, 2026

    The 3 Best Dividend ETFs to Build Lasting Retirement Income in 2027

    September 14, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Motilal Oswal MF launches Diversified Equity Flexicap Passive Fund of Funds

    January 6, 2026

    3 Growth Mutual Funds to Buy This Thanksgiving Week

    November 28, 2025

    Eight funds and trusts for 2026

    January 15, 2026
    Our Picks

    Power of Rs 20 Lakh One-Time Investment in Mutual Funds: How long can it take to build Rs 5 crore, Rs 10 crore and Rs 16 crore?

    September 15, 2026

    Top 10 small-cap mutual funds: Which schemes delivered high returns with relatively lower risk?

    September 15, 2026

    Why Mutual Funds Fail Against ULIPs

    September 14, 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.