Idaho Gem Grant (Igg) Program

01. Program Intent. The intent of this program is to fund community development projects of rural communities for the purpose of improving the local economy, retaining or creating jobs, promoting the community for economic development and tourism, and assisting business expansion and diversification. (3-31-22) 02. Eligible Applicants. Idaho rural communities and other Idaho rural communities at the discretion of the Director of the Department of Commerce are eligible to apply for IGGs up to a maximum of one hundred thousand dollars ($100,000). IGGs to city and county governments may be administered by their designees as established by formally adopted resolutions. (7-1-26) 03. Review of Applications. The Department's Director, in his sole discretion, makes all IGG awards. The Director may make grant awards at any time the Director determines it necessary to take advantage of special opportunities that further the primary objectives of the IGG Program. (3-31-22) 04. Matching Funds.This grant may require a minimum of twenty percent (20%) matching funds of either cash or in-kind donations for the total amount of IGG funds received. Matching funds can be comprised of any combination of cash and in-kind donations and must meet conditions specified in the program guidelines. (7-1-26) 05. Distribution of Funds. Grantees receive payment of IGG funds on a cost reimbursement basis. Grant payment procedures will be established in the program guidelines. The Department will reimburse allowable costs up to the maximum grant amount for which both receipts and matching funds documentation have been IDAHO ADMINISTRATIVE CODE IDAPA 28.02.03 Department of Commerce Department of Commerce Grant Program Rules Section 200 Page 6 provided. The grantee is responsible for any discrepancies in documentation. (3-31-22) 06. Eligible Expenses. Eligible expenses are specified in program guidelines. (3-31-22) 07. Ineligible Expenses. Funds may not be used for: (3-31-22) a. Payroll costs for city, county, development corporation or other community agencies. (3-31-22) b. Real property acquisition. Construction, rehabilitation, or operation of schools, general government facilities, jails or state facilities. (3-31-22) c. Administrative costs. Expenses related to administering the grant will not be reimbursable to the grantee from grant funds. (3-31-22) 151. -- 199. (RESERVED)