EdNC. Essential education news. Important stories. Your voice.

Search ednc.org

Revised applications for the Needs-Based Public School Capital Fund now available

Share this story

Our republishing policy

EdNC is a nonprofit, online, daily, independent newspaper. All of EdNC’s content is open source and free to republish. Please use the following guidelines when republishing our content.
  • Our content must be republished in full. If your organization uses a paywall, the content must be provided in full for free.
  • Credit our team by including both the author name and EdNC.org in the byline. Example: Alex Granados, EdNC.org.
  • If republishing the story online, please provide a link to EdNC.org or a link to the original article in either the byline or credit line.
  • The original headline of the article must be used. Allowable edits to the content of the piece include changes to meet your publication’s style guide and references to dates (i.e. this week changed to last week). Other edits must be approved by emailing Hannah Vinueza McClellan at [email protected].
  • Photos and other multimedia elements (audio, video, etc.) may not be republished without prior permission. Please email Hannah Vinueza McClellan at [email protected] if you are interested in sharing a multimedia element.
  • If you republish a story, please let us know by emailing Hannah Vinueza McClellan at [email protected].
Please email Hannah Vinueza McClellan at [email protected] if you have any questions. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License.

Canonical tag

Please include the following canonical tag in the <head> of the republished story.

<link rel="canonical" href="https://www.ednc.org/revised-applications-needs-based-public-school-capital-fund-now-available/">

HTML content

This includes the title, byline, content, and tracking pixel required for republishing this story.

Copy & paste HTML
This story is tagged:

The following is a press release from Public Schools of North Carolina

Revised applications for funding through the new Needs-Based Public School Capital Fund are now available, and the application deadline has been extended to 5 p.m. on Oct. 16. Language in Senate Bill 582, passed by the General Assembly last week and signed into law Sunday, clarified that the grant funds may be used only for construction of new school buildings.

The revised applications are available at www.schoolclearinghouse.org. Awards will be announced by Nov. 1, as originally planned. 

The fund — more than $100 million over the next two years — was provided by the General Assembly to assist lower-wealth counties with their critical public school building capital needs. For this year and next year, funding will be available only to Tier 1 counties. In later years, Tier 2 counties will also be eligible.

The funds are capped at $15 million per project in Tier 1 counties, and the law requires a local match of $1 for every $3 in grant funds. 

A second round of grants will be awarded by Sept. 30, 2018, with an application deadline of Aug. 31. This timeline is intended to address already identified critical capital needs with a sense of urgency, while allowing counties in earlier planning stages adequate time to apply as well.

Provided by revenue from the state lottery, the fund totals $30 million this fiscal year and $75 million in fiscal year 2018-19. Under the law, awards will be based on the following criteria: 

  1. Counties designated as development Tier 1 areas
  2. Counties with greater need and less ability to generate sales tax and property tax revenue
  3. Counties with a high debt-to-tax revenue ratio
  4. The extent to which a project will address critical deficiencies in adequately serving the current and future student population.