Current through Register Vol. 47, No. 6, September 18, 2024
(1)
Amount,
form, and timing of assistance. The amount of assistance awarded will
be determined by the authority and will be based on the total amount of funds
available to the authority for the program and the costs specified in the
application. The authority will establish a maximum grant award per application
and a minimum grant award per application for each fiscal year in which funding
is available. The authority will provide financial assistance in the form of a
grant. Funds will be disbursed on a reimbursement basis for expenses incurred
by the applicant after approval of an award by the director.
(2)
Application.
a.
Forms. All applications
and other filings related to the program shall be on such forms and in
accordance with such instructions as may be established by the authority.
Information about the program, the application, and application instructions
may be obtained by contacting the authority.
b.
Application period. Each
fiscal year during which funding is available, applications for financial
assistance will only be accepted during the established application period, or
periods, as identified by the authority on its website.
c.
Complete application
required. An application shall not be considered submitted for review
until the application is completed and all required supporting documentation
and information are provided to the authority.
(3)
Use of funds.
a. An applicant shall use funds only for
reimbursement of the costs directly related to the project. The authority may
require documentation or other information establishing the actual costs
incurred for a project. Failure to use the funds for reimbursement of the costs
directly related to a project shall be grounds for default under the agreement
required pursuant to this chapter.
b. For purposes of this subrule, "costs
directly related" does not include any expenses specified as ineligible in the
agreement required pursuant to this chapter.
