Wake County Now Accepting Proposals for Community Capital Funding

Competitive process will select and invest in projects that address critical community issues

Wake County is now accepting proposals from local organizations interested in competing for funding to help address critical issues facing our community. The county proposes investing $4 million over the next two years in projects with strong business plans that will solve countywide problems.

“This funding makes it possible for organizations to provide critical services to residents who need them the most,” said Wake County Board of Commissioners Chair Matt Calabria. “We encourage interested organizations to submit their proposals by Oct. 3 to participate in this competitive process.”

Past projects funded by this process include the Southeast Raleigh YMCA’s construction of the new YMCA portion of the building it shares with the elementary school, and The Green Chair’s purchase and renovation of the organization’s Capital Boulevard location.

The board identified this funding for nonprofit community organizations to support their capital needs through investments that will:

  • Enhance opportunities for partnerships between the public, nonprofit and for-profit sectors; and
  • Address critical countywide problems and needs in an effective and financially sustainable way.
     

A team of Wake County staff and community representatives will evaluate the proposals submitted and make recommendations to the Board of Commissioners in November 2021. The board is expected to decide in December 2021 which proposals to fund.

The work group will review the business plans associated with each proposal based on their ability to:

  • Provide a comprehensive analysis of an unmet need;
  • Demonstrate a clear link between the project initiatives and resolution of the countywide problem;
  • Include a mechanism to track and measure success; and
  • Show a need for county capital investment for project success.
     

For more information about how to submit a proposal, visit our website.

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