Pub. L. 100-628, tit. IV, subtit. C, sec. 452

MATCHING REQUIREMENT.

EnactedYear: 1988Length: 197 wordsOfficial source
SEC 452. MATCHING REQUIREMENT. Section 425 of the Stewart B. McKinney Homeless Assistance Act (42 U.S.C. 11385) is amended to read as follows: 102 STAT. 3236 “SEC. 425. MATCHING FUNDS REQUIREMENTS. “(a) In General.— Each recipient shall be required to supplement the amount of assistance provided under paragraphs (1) and (2) of section 423(a) with an equal amount of funds from non-Federal sources. Each State submitting an application for permanent housing for handicapped homeless persons shall certify that it will supplement the amount of assistance provided under paragraphs (1) and (2) of section 423(a) with an equal amount of funds from non-Federal sources. “(b) Non-Federal Funds.— For the purpose of this section, the term ‘funds from non-Federal sources’ includes State or local agency funds, any salary paid to staff to carry out the program of the recipient, any salary paid to residents of transitional housing under an employment assistance program described in section 423(a)(5), the value of the time and services contributed by volunteers to carry out the program of the recipient at a rate determined by the Secretary, and the value of any donated material or building and the value of any lease on a building.”.
Pub. L. 100-628, tit. IV, subtit. C, sec. 452: MATCHING REQUIREMENT. | Justis AI