Asset Inventory and Assessment Grants

Asset Inventory and Assessment Grants

Status: ACTIVE
Funder: North Carolina Department of Environmental Quality
Amount: US $150,000
Last Updated: August 16, 2025

Summary

The Asset Inventory and Assessment Grants, established by Session Law 2015-241, aim to enhance the viability and proactive management of water and wastewater utilities. Grants can reach up to $150,000 over three years, available to local government units and nonprofit water corporations for projects such as asset inventory and critical asset condition assessments. Eligible applicants are encouraged to participate in training sessions, which are free of charge, to better navigate the grant application process.

Overview

NOTE: Potential applicants are strongly encouraged to attend training. There is no cost to register. Asset Inventory and Assessment Grants The Asset Inventory and Assessment grants were created in Session Law 2015-241 in the changes made to NCGS 159G, to broaden the use of grant funds to encourage water and wastewater utilities to become more viable and more proactive in the management and financing of their systems. The Affordability Criteria do not limit the grant percentage or the eligibility for these grants. Funding The grants are limited to $150,000 from the Wastewater Reserve or the Drinking Water Reserve, over a period of three years, to the same local government unit or nonprofit water corporation.

Eligibility

We've imported the main document for this grant to give you an overview. You can learn more about this opportunity by visiting the funder's website. Eligible Applicants:Local Government Units Nonprofit Water Corporations Eligible Projects:Asset Inventory Condition Assessment of critical assets Other components of critical assets.