The Town of North Hempstead has applied for two state grants to revive an aging lighthouse.

The Stepping Stones Lighthouse off the coast of Kings Point has saltwater damage and contains asbestos. The grants, a combined $760,000, would be used to address both issues, in addition to constructing a dock to allow safe access. Currently, the structure can only be reached by boat during high tide.

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The town would be required to match the state's contribution. Town spokeswoman Carole Trottere said the town will find out next year whether it got the grant.

The lighthouse was built in the late 19th century and is listed on the National Register of Historic Places. It's a significant part of the town's history and still serves as a beacon for many ships, Town Supervisor Judi Bosworth said.

"A repaired and updated lighthouse will benefit boaters and also serve as a wonderful educational tool for the public to learn about our region's maritime history," Bosworth added.

In addition to the applying for the grants, the town has partnered with the Great Neck Historical Society and Great Neck Park District to restore the lighthouse. The town also recently committed $50,000 for an engineering study, a necessary step prior to the dock's construction.