FY25 Construction Cycle Opens on April 8, 2024
At its March business meeting, the Public Works Board (PWB) approved $148 million in available funding for local construction projects. The funding cycle will open April 8, 2024 and close June 28, 2024 at 11:59 p.m. The PWB also took action to set aside $7.3 million each for the pre-construction and emergency programs, which are open continuously.
All application related materials will be available on the PWB webpage. The PWB Construction loan program provides funding for repair, replacement and the building of capital facilities. The Pre-construction program supports a wide range of activities needed to accelerate the completion of public works projects so that capital construction can be funded in a timely manner. Emergency loans focus on activities that repair, replace, and/or reconstruct essential service facilities. PWB funding is available to cities, counties, special purpose districts and quasi-municipal organizations.
Virtual PWB Workshops in April
To support the application process, PWB staff will host online Zoom workshops throughout the month of April. Both the Pre-Cycle Overview and the Application Workshop will be offered twice and at different times to maximize opportunities to learn about PWB funding. No registration is required to attend.
- Pre-Cycle Overview meetings will discuss changes to the PWB funding application and the scoring rubric.
- April 2 from 9 – 10 a.m. (Zoom meeting)
- April 3 from 12 – 1 p.m. (Zoom meeting)
- PWB Application Workshops will discuss the PWB application and review frequently asked questions from previous cycles.
- April 16 from 9 – 10:30 a.m. (Zoom meeting)
- April 17 from 11:30 a.m. – 1 p.m. (Zoom meeting)
Quarterly pre-construction application review scheduled
Pre-construction funds remain open continuously until all funds are exhausted with quarterly review of funding applications. We expect to review and award pre-construction projects quarterly. Following are the announcement dates for application submittals and funding announcements.
- Summer 2024: Review of applications received as of June 28, 2024 with an anticipated award date of August 2, 2024.
- Fall 2024: Review of applications received as of September 30, 2024 with an anticipated award date of November 1, 2024.
- Winter 2025: Review of applications received as of January 10, 2025 with an anticipated award date of February 7, 2025.
- Spring 2025: Review of applications received as of March 31, 2025 with an anticipated award date of May 2, 2025.