Securing funds for infrastructure projects can be a challenge for municipalities. The good news? There's a wealth of grant programs available to support a wide range of projects. Whether you're looking to upgrade storm drains, install solar panels, or restore your local stream, there's likely a grant program out there that aligns with your goals.
Follow these steps to find the best grant to fit your project!
Identify Your Needs
Start by identifying your specific project needs and timelines. This includes understanding what infrastructure improvements are most pressing and when you aim to complete them.
Match Grants to Goals
Once you have a clear picture of your project it’s time to match it with the best grant. You can work with R/M’s grant experts or scour relevant databases like Grants.gov, state agency websites (DNR, DOT, EPA, USDA), and industry resources to find potential grant programs that match your goals and timeframe.
Give AI a Try
You can even use AI tools such as ChatGPT to search for grants by entering the project criteria, timeframe, and location.
Understand Eligibility
Not all grants are created equal. It’s important to analyze each program's eligibility requirements, ensuring your project and organization meet the criteria before you invest time in an application. Key information you’ll want to consider includes:
Who are eligible applicants
What project components are eligible
Is a pre-application required
Application deadline
Project and grant timing
Consider the “Cost” of the Grant
Don’t forget to consider the time and financial commitment to apply for and administer grants. Application and administrative time can vary greatly across different grants and agencies. Your community needs to weigh these costs with potential funding total. You also need to consider the probability of winning the grant you are applying for, some are much more competitive than others.
MaximizE Funding & Cash Flow
Many grants require a funding match, typically 50/50. Sometimes you can leverage state grants to fulfill the match requirement for federal grants, maximizing your potential funding. You also need to be aware of cash flow implications for grants where reimbursement occurs after 100% completion.
Win the Grant!
Attend R/M’s upcoming grant webinar to learn the best practices for winning grants.
Best Practices for Securing Grant Funding
Wed., April 17, 2024
R/M Can Help!
At R/M, we offer customized grant-finding and application assistance. We'll help you navigate the complex world of infrastructure grants, positioning your project for success. Let us be your partner in securing the resources you need to build a brighter future for your community.
about the author
CORY l. horton, P.E., CFM, CPESC, ENV-SP
MUNICIPAL TEAM LEADER
Cory is a Municipal Team Leader located in the Madison office. One of Cory’s primary skill sets is identifying and securing funding for clients. Throughout his career, Cory has secured nearly $100 million in grant funding. With over 25 years of industry experience, Cory possesses unique expertise that enables him to identify programs, align them with client needs, and successfully secure grants. His diverse background includes administering state-level grant programs, serving as a Director of Public Works, and even holding an elected office. This multifaceted experience gives him an unparalleled ability to match funding programs with projects.
