Iowa Administrative Code
Agency 265 - Iowa Finance Authority
Chapter 41 - Shelter Assistance Fund
Rule 265-41.8 - Matching Contributions

Universal Citation: IA Admin Code 265-41.8
Current through Register Vol. 47, No. 13, December 25, 2024

IFA reserves the right to designate a portion or all of SAF funds to be used toward the matching contributions requirement imposed by HUD for ESG funds received by the state of Iowa. If SAF funds are designated as ESG matching contributions, they may not also be available to meet matching requirements of other grant moneys received by recipients. Recipients will be informed if SAF funds have been used toward the ESG matching requirement and will be responsible for ensuring compliance with the matching requirements of other grant programs. The designation of any portion of SAF funds as ESG matching contributions does not change the amount, type, or recipient of any award; rather, it solely impacts a SAF grantee's potential to use SAF grant funds to meet the matching requirements of certain other grant programs.

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