Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Multi-asset funds AUM grows nearly 500% in 3 years. What is driving investor interest? – Mutual Funds News
    • Stocks and bonds are moving together. Here’s why you shouldn’t worry
    • Spot ETH ETFs pull in $1.75B in August 2026, best month in a year
    • Why Do Pension Funds Hold Bonds in Their Portfolios?
    • Oil ETFs: a new way to trade an oil spike
    • People Are Letting AI Agents Manage Their Stock Portfolios Now
    • Bitcoin vs. Ethereum ETFs: Which Has More Room to Grow in 2026
    • $250,000 in These 3 High-Income ETFs Could Pay You ~$2,800 a Month
    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

    Semiconductor stocks, our Top 50 Funds and Mortgage Advice Bureau

    September 10, 2026

    Top 50 Funds 2026: How we picked our favourite funds

    September 10, 2026

    Funds Europe Awards 2026: In-person judging commences

    September 9, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Active ETFs Are Booming. Manager Selection Matters More Than Ever

    September 10, 2026

    These 5 ETFs Are Built for Bear Markets. History Says Now Is a Fantastic Time to Buy.

    September 10, 2026

    Converting Your IRA to a Roth Means Paying the Tax Early on Purpose, and These 3 ETFs Are Why It Still Wins

    September 10, 2026

    SIP account additions surge to 6-month high of 1.3 million in August | Mutual Funds

    September 10, 2026
    Don't Miss
    Mutual Funds

    Multi-asset funds AUM grows nearly 500% in 3 years. What is driving investor interest? – Mutual Funds News

    September 11, 2026

    In August 2026, hybrid mutual funds in the mutual fund sector saw a positive inflow…

    Stocks and bonds are moving together. Here’s why you shouldn’t worry

    September 11, 2026

    Spot ETH ETFs pull in $1.75B in August 2026, best month in a year

    September 11, 2026

    Why Do Pension Funds Hold Bonds in Their Portfolios?

    September 11, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Bank of India Small Cap Fund Performance 2026: Smart Investment Opportunity or Peak Cycle Risk? – Money Insights News

    May 2, 2026

    Waystone bolsters ETF offering – Funds Europe

    August 7, 2024

    3 High-Powered ETFs That Have Doubled in Value in Just 3 Years

    December 12, 2025
    Our Picks

    Multi-asset funds AUM grows nearly 500% in 3 years. What is driving investor interest? – Mutual Funds News

    September 11, 2026

    Stocks and bonds are moving together. Here’s why you shouldn’t worry

    September 11, 2026

    Spot ETH ETFs pull in $1.75B in August 2026, best month in a year

    September 11, 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.