Current through Register Vol. 47, No. 13, December 25, 2024
(1)
Amount, form, and timing of assistance. The amount of
assistance awarded will be determined by the authority based on the total
amount of funds available to the authority for the program and based on the
project details. 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
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.
Frequency
of application. An eligible applicant may only be named as the primary
entity on one application per application period. However, an applicant who has
applied as the primary entity for an application may also be named as a partner
on additional applications.
d.
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.
(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 ineligible expenses such as international
travel, domestic travel outside the state of Iowa, insurance, training or
professional development courses, and any other expenses specified as
ineligible in the agreement required pursuant to this chapter.
