Grant and loan funding wins push WithersRavenel past $700 million for critical community projects
WithersRavenel congratulates our public clients for receiving grant and loan funding of $60,618,553 in the most recent funding cycle. Whether taking on vital repairs, exploring mergers and regionalization of services, or assessing water and sewer assets, WithersRavenel takes pride in helping communities afford the improvements and efficiencies that improve the lives of residents.
The most recent funding success stories put WithersRavenel’s overall funding total above $700 million for 533 projects benefiting our public clients. We strive to help communities identify funding sources, assist with the application process, and provide grant and loan administration services. Recent funding successfully obtained follows:
STATE REVOLVING FUND
Town of Clayton – Neuse River Water Reclamation Facility, $30,000,000 CWSRF loan
City of Clinton – Wastewater Treatment Plant Resiliency Improvements, $3,000,000 ASADRA PF (100%)
City of Dunn – Raw Water Electrical Relocation and 24Line Replacement, $3,515,000 ($2,636,250 ASADRA loan, $878,750 ASADRA PF)
City of Goldsboro– Little/Big Cherry Pump Station Relocation and Improvement, $3,058,000 ASADRA Loan
Do you have a project that could be eligible for some type of grant or loan funding? Reach out to a member of our funding team by sending an email to email@example.com. Some upcoming loan opportunities and 2021 deadlines are listed below:
NCDEQ – Division of Water Infrastructure – Spring 2021 Funding Cycle
Due: April 30
CWSRF and DWSRF only available (low-interest loan with extremely limited PF)
Due: May 3
Up to $500,000, 50% Match Required
Application fee ranges from $5,000-$15,000 depending on client needs
Carolina Thread Trail – not yet announced for 2021
Due: Typically in June
Letter of Intent needs to be submitted in May
Eligible North Carolina counties: Anson, Cabarrus, Catawba, Cleveland, Gaston, Iredell, Lincoln, Mecklenburg, Rowan, Stanly, Union
NCDEQ – Water Resources Development Grant Program
Due: June 30
Maximum funding amount: $200,000 (50% cost share)
NCDEQ – DWR 319 Grant Program – not yet announced for 2021
Due: Typically in May
No maximum funding amount (most projects range from $50,000-$300,000)
BUILD – not yet announced for 2021
Golden LEAF Community-Based Grants Initiative in Western Prosperity Zone
Officially launched Jan. 26
Organizations serving the following counties are eligible: Buncombe, Cherokee, Clay, Graham, Haywood, Henderson, Jackson, Macon, Madison, Polk, Rutherford, Swain, and Transylvania
$11 million allocated for projects that move the economic needle in a community through job creation, workforce preparedness and education and agriculture
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