Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Ahead of festival season, mutual funds halt fresh investments into gold FoF
    • Do you really need 4–5 mutual funds? Experts explain how many schemes your portfolio needs
    • Mutual Fund Investment: How Mid-Cap Funds Can Help Build Long-Term Wealth
    • Is Allspring Pr Lrg Comp Grow A (EKJAX) a Strong Mutual Fund Pick Right Now?
    • 3 ETFs That Are Staging Big 2026 Comebacks
    • CoreWeave and Data Center Bonds Slide on Capex and Debt Overhang Concerns
    • I Bonds could approach 5%. Should you wait until November to buy?
    • MFF Capital Investments (ASX:MFF) Shares Trade At A Reasonable Earnings Valuation
    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

    Active Funds vs. Index Funds: Is All-Country Safe? Things to Consider Before Investing|kazu

    October 9, 2026

    The funds that can save thousands in inheritance tax – if you can stand the risks

    October 9, 2026

    How Gulf states are refinancing sovereign wealth funds as Iran war hits revenues

    October 8, 2026
    Leave A Reply Cancel Reply

    Top Posts

    3 ETFs That Are Staging Big 2026 Comebacks

    October 16, 2026

    Ahead of festival season, mutual funds halt fresh investments into gold FoF

    October 16, 2026

    What are corporate bonds? An explanation for beginners on the differences from stocks, whether they can be bought via NISA, and the risks involved

    October 16, 2026

    CoreWeave and Data Center Bonds Slide on Capex and Debt Overhang Concerns

    October 16, 2026
    Don't Miss
    Mutual Funds

    Ahead of festival season, mutual funds halt fresh investments into gold FoF

    October 16, 2026

    Inflows into gold ETFs have jumped 49% in the September quarter to ₹8,606 crore against…

    Do you really need 4–5 mutual funds? Experts explain how many schemes your portfolio needs

    October 16, 2026

    Mutual Fund Investment: How Mid-Cap Funds Can Help Build Long-Term Wealth

    October 16, 2026

    Is Allspring Pr Lrg Comp Grow A (EKJAX) a Strong Mutual Fund Pick Right Now?

    October 16, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    India’s Bond Market Steady Ahead Of Government Buyback

    October 17, 2024

    Crux now facilitating tax and preferred equity investments for clean energy projects

    September 3, 2025

    The Best Semiconductor ETF to Invest $1,000 in Right Now

    August 20, 2024
    Our Picks

    Ahead of festival season, mutual funds halt fresh investments into gold FoF

    October 16, 2026

    Do you really need 4–5 mutual funds? Experts explain how many schemes your portfolio needs

    October 16, 2026

    Mutual Fund Investment: How Mid-Cap Funds Can Help Build Long-Term Wealth

    October 16, 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.