LegalFix
Sign In

§ 3570.66 - Determining the maximum grant assistance.

Copy with citation
Copy as parenthetical citation

Responsibility. State Directors are responsible for determining the applicant's eligibility for grant assistance.

Maximum grant assistance. Grant assistance cannot exceed the lower of:

Qualifying percentage of eligible project cost determined in accordance with § 3570.63(b);

Minimum amount sufficient to provide for economic feasibility as determined in accordance with § 3570.61(d); or

Either 50 percent of the annual State allocation or $50,000, whichever is greater, unless an exception is made by the RHS Administrator in accordance with § 3570.90.

Previous Section
§ 3570.65 - Processing preapplications and applications.
Next Section
§ 3570.67 - Project selection priorities.