Compilation of Rules and Regulations of the State of Georgia
Department 110 - RULES OF GEORGIA DEPARTMENT OF COMMUNITY AFFAIRS
Chapter 110-6 - LOCAL DEVELOPMENT FUND GRANTS
Subject 110-6-1 - LOCAL DEVELOPMENT FUND GRANTS
Rule 110-6-1-.09 - Awarding of Grant Funds
Current through Rules and Regulations filed through September 23, 2024
(1) Within 45 days of the close of a grant competition, the Department will select grant recipients based upon the review criteria outlined at 110-6-1-.08.
(2) Upon selection by the Department to receive a local development fund grant, the applicant will enter into a contract with the Department specifying the terms and conditions for the receipt of grant funds. At the time such contact is signed by the applicant and the Department, the Department will disburse grant funds to the applicant based on a predetermined payment schedule. Final payment of grant funds shall be contingent on the applicant fully satisfying the terms of the contract.
O.C.G.A. Sec. 50-8-8.