With hundreds of funding sources, and a myriad of grant and loan funding mechanisms, CohnReznick helps state, local, and tribal governments address the daunting challenge of identifying available funding sources, aligning those sources to the portfolio of projects, and managing a complex application process to procure funds to initiate projects. Once secured, grant and loan programs must be carefully administered over their lifecycle to avoid drawbacks, forfeitures, and negative public scrutiny. CohnReznick’s grant administration and oversight solutions help decision-makers navigate the complex web of compliance requirements and deadlines, so funds are fully and efficiently utilized in support of infrastructure efforts.
Grant and Loan Identification
The first step in securing funding is identifying the available formulaic and competitive grants and applicable loan programs that could be utilized to fund infrastructure programs. CohnReznick helps government organizations identify the available options and requirements to maximize available funds.
Strategic Alignment of Applications and Projects
Coordinating applications across agencies and local government units to align the grant’s/loan’s purpose with available projects, while avoiding cannibalization and missed opportunities requires robust application management. We design a centralized administration process to prioritize and align funding opportunities.
Optimization of Application Resources
Preparing and tracking applications on this scale requires the coordination and assignment of application resources and staff. We can design consistent processes, schedule resources, and supplement agency staff with experienced grant application professionals to help submit strong applications and initiate grant administration activities.
Grant Administration
Effective grant administration requires extensive tracking of grants received and maintaining the detailed record of project activities needed to support compliance reporting. CohnReznick can coordinate multi-agency and multi-municipality grant administration efforts, and provide experienced grant administration professionals to supplement in-house staff. Learn more >
Frank Banda
Abby Rollins
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