Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Large-cap funds see continued outflows; mid- and small-cap inflows rise: How returns compare over 1, 3, and 5 years
    • Auto and transportation mutual funds: SBI tops with 26% 1-year return, while the benchmark index gains just 2%
    • 4 Mutual Funds to Watch for Long-Term Investing – Money News
    • Solana’s Apps Lost Half Their Value and Its ETFs Have Slowed. Which Number Is Right?
    • Equity mutual fund inflows rise 18%; SIP growth plateaus for third month
    • Debt mutual fund flows reverse sharply in August; is it a warning sign for investors?
    • XRP ETFs Stay Green as Bitcoin Redemptions Grow
    • Debt funds swing from inflow in July to ₹8,127 crore outflow in August
    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

    Top 50 Funds 2026: How we picked our favourite funds

    September 10, 2026

    Funds Europe Awards 2026: In-person judging commences

    September 9, 2026

    Pharma funds rally: How to pick right one based on portfolio, risk, costs | Personal Finance

    September 8, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Large-cap funds see continued outflows; mid- and small-cap inflows rise: How returns compare over 1, 3, and 5 years

    September 11, 2026

    Mutual fund SIP inflows hit record ₹32,297 crore in August

    September 9, 2026

    Solana’s Apps Lost Half Their Value and Its ETFs Have Slowed. Which Number Is Right?

    September 10, 2026

    Brooke Thackray: Government bonds have a weak backdrop

    September 10, 2026
    Don't Miss
    Mutual Funds

    Large-cap funds see continued outflows; mid- and small-cap inflows rise: How returns compare over 1, 3, and 5 years

    September 11, 2026

    Large-cap mutual funds continued to see outflows in August 2026, even as mid-cap and small-cap…

    Auto and transportation mutual funds: SBI tops with 26% 1-year return, while the benchmark index gains just 2%

    September 11, 2026

    4 Mutual Funds to Watch for Long-Term Investing – Money News

    September 10, 2026

    Solana’s Apps Lost Half Their Value and Its ETFs Have Slowed. Which Number Is Right?

    September 10, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    RIAs pivot hard into tech ETFs as model portfolios reshape demand

    August 31, 2026

    Unrated bonds latest to fund Florida’s Villages for senior citizens

    August 29, 2024

    8 Immunity-Boosting Drinks to Sip on Rainy Days

    September 8, 2025
    Our Picks

    Large-cap funds see continued outflows; mid- and small-cap inflows rise: How returns compare over 1, 3, and 5 years

    September 11, 2026

    Auto and transportation mutual funds: SBI tops with 26% 1-year return, while the benchmark index gains just 2%

    September 11, 2026

    4 Mutual Funds to Watch for Long-Term Investing – Money News

    September 10, 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.