News WithersRavenel Secures Over $80 Million in Infrastructure Funding Awards

WithersRavenel secured more than $84.5 million in infrastructure funding awards for our clients across North Carolina this fall and winter funding season.

This success reflects the strength of our partnerships and the dedication of our Funding & Finance and Infrastructure Asset Management teams. From early project development and technical documentation to financial strategy and agency coordination, our professionals worked collaboratively to position each application for success. We are grateful to everyone who contributed their expertise and effort to making these awards possible.

January 2026 SRF-Helene Awards

During the January 2026 State Revolving Fund (SRF)-Helene funding round, WithersRavenel submitted applications on behalf of six clients requesting more than $67 million in total funding. The results were formally announced at the February 18, 2026, State Water Infrastructure Authority (SWIA) meeting.

Awarded Projects – SRF-Helene

• City of Belmont – SRF-Helene (Water): $10,000,000
• Maggie Valley Sanitary District – SRF-Helene (Water): $4,292,976
• Maggie Valley Sanitary District – SRF-Helene (Water): $5,706,390
• Town of Taylorsville (Phase 1) – SRF-Helene (Water): $10,000,000
• Town of Taylorsville (Phase 1) – SRF-Helene (Sewer): $5,000,000
• Town of Old Fort – SRF-Helene (Water): $10,000,000
• Town of Old Fort – SRF-Helene (Sewer): $5,000,000
• Town of Rutherfordton – SRF-Helene (Sewer): $5,000,000

These investments support essential drinking water and wastewater improvements, helping communities recover from Hurricane Helene while strengthening long-term infrastructure resilience.

Fall 2025 DWI Application Awards

The Fall 2025 North Carolina Division of Water Infrastructure (DWI) funding cycle also produced strong results, including Asset Inventory Assessments (AIAs) and construction funding awards that will improve system performance and regulatory compliance across the state.

Awarded Projects – Fall 2025 DWI

• Village of Bald Head Island – AIA (Water): $150,000
• Village of Bald Head Island – AIA (Sewer): $150,000
• City of Belmont – AIA (Water): $200,000
• City of Belmont – AIA (Sewer): $200,000
• Energy United – AIA (Water): $150,000
• City of Goldsboro – AIA (Water): $400,000
• Town of Jefferson – AIA (Water): $150,000
• Town of Jefferson – AIA (Sewer): $150,000
• Maggie Valley Sanitary District – AIA (Water): $150,000
• Town of Old Fort – AIA (Water): $150,000
• Town of Old Fort – AIA (Sewer): $150,000
• Town of White Lake – AIA (Sewer): $150,000
• Town of Grifton – SRF (Sewer): $5,980,000
• Town of McAdenville – SRF (Water): $3,959,380
• Town of Pilot Mountain – SRF (Sewer): $4,945,900
• Town of Southern Pines – SRF (Sewer): $5,000,000

These awards help local governments complete required asset inventories, address infrastructure deficiencies, and advance critical water and wastewater construction projects.

HHPD Dam Safety & Planning Awards

In addition to water and wastewater funding, WithersRavenel secured multiple awards through the High Hazard Potential Dams (HHPD) Grant Program and related dam safety initiatives.

Awarded Projects – HHPD & Dam Safety

• City of Marion (Lady Marion Dam) – HHPD (Construction): $2,535,490
• City of Marion (Lady Marion Dam) – Dam Safety Grant (Design/Construction/Match): $2,781,538
• Town of Blowing Rock (Blowing Rock Country Club Dam) – HHPD (Planning): $128,651
• Village of Whispering Pines (Thagards Lake Dam) – HHPD (Planning): $777,400
• Occoneechee Council – Scouting America (Beard Lake Dam) – HHPD (Construction): $1,132,123
• Kildaire Farms HOA (Kildaire Farms II Dam) – HHPD (Planning): $177,314

These awards support dam rehabilitation, planning, and public safety improvements, helping communities mitigate risk and enhance long-term safety.

Navigating Complex Funding Requirements

Federal, state, and private funding programs each carry unique compliance requirements, lengthy applications, strict deadlines, and detailed documentation standards. Local government and utility budgeting, accounting, and financial reporting requirements add additional complexity. Failure to satisfy these requirements can result in audits, fines, or even funds being withdrawn or frozen.

WithersRavenel offers comprehensive funding and finance consulting to help local governments confidently navigate these complex regulations and secure critical funding.

Your Long-Term Partner for Funding Success

Our professionals immerse themselves in your organization, becoming an extension of your team while managing multiple deadlines and coordinating with agency partners. We work alongside you to identify operational efficiencies and develop financial strategies that align with your long-term infrastructure goals.

WithersRavenel has helped public clients secure over $1 billion in grants and loans, creating the funding strategies necessary to deliver critical infrastructure projects and operate fiscally sustainable utilities.

Would you like our team of funding professionals to assist your community with funding applications and administration to help finance critical projects? Contact WithersRavenel Director of Funding Amanda Whitaker at awhitaker@withersravenel.com, and let’s start a conversation.