Fwd: Fw: FY24 Cost Sharing Capital Grants

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harriet Shangarai

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Feb 16, 2024, 9:09:56 AM2/16/24
to Shangarai, Harrieta W.
FYI

---------- Forwarded. ……………..

The Office of Grants Management (OGM) is soliciting grant applications for the County’s FY 2024 Cost Sharing Capital Grants (CSCG) Grant Program from qualified 501(c)(3) nonprofit organizations seeking to implement capital projects that help provide access to resources, direct services, historical preservation, cultural enrichment, and/or other benefits to Montgomery County residents.   Awards will range from $25,000 to $1,000,000.  The target populations for this Grant Program are Montgomery County residents and is intentionally very flexible.  Priority in awarding funding will be given to projects that demonstrate a commitment to and impact on Underserved populations in Montgomery County.

Key dates and resources for this program are:

Both the County Executive’s FY24 Recommended Budget and the County Council’s FY24 Approved Budget (Resolution 20-184) provide $3 million to support nonprofit organizations’ capital projects with funds broken down into the following categories:

Arts Facility Capital Grants - $1 million total available

  • $750,000 to match appropriated Maryland State Bond Bills (or other forms of Maryland State capital funding) 
  • $250,000 for other, small Arts Facility Capital Projects 

Non-Arts Capital Grants - $2 million total available

  • $1.25 million to match appropriated Maryland State Bond Bills (or other forms of Maryland State capital funding)
  • $750,000 for other, small Capital Projects

Funding Priorities

OGM expects a large number of applications and total funding requests that will greatly exceed the amount of resources available for FY24 CSCG awards. To help applicants make their proposals more competitive, priority in awarding funding will be given to projects that demonstrate: 

  • A commitment to and impact on Underserved populations in Montgomery County. 
  • Readiness to immediately, or quickly (3-9 months), begin project implementation. 
  • Ownership of or a long-term commitment to the asset being improved.

The range of expenses related to capital projects allowed under this grant is intentionally very flexible. Examples of past capital projects that have previously been funded by CSCGs include, but are not limited to:

  • Purchase of land or buildings;
  • Construction of new buildings;
  • Improvements to land (i.e. addition of turf and bleachers to a sports field); 
  • Expansions or add-ons to existing facilities;
  • Renovation and upgrades to existing facilities;
  • Renewal of assets to preserve historical buildings and sites; or
  • Purchase of major equipment ($5,000+) (i.e. walk in fridges and freezers);

 




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