General Grant Terms

General Grant Terms. A. The program intent is to stimulate growth and economic development in small communities in the State. Each application will be evaluated on its own merit to meet the intent of the program. B. The project must be related to MDA eligible priorities. C. The maximum grant amount, which may be awarded to any one Local Sponsor, will be $150,000. D. Applications will be due by June 18, 2015 by 4:00 pm, MDA time. E. Communities with a population of 3,500 or less will be required to have at least a 10% match. The 10% match does not have to be cash only. Documented project related soft costs such as administrative, engineering, architectural, inspection, legal, etc . . . are acceptable match requirements. F. Communities with a population greater that 3,500 will be required to have at least a 20% match. The 20% match does not have to be cash only. Documented project related softs costs such as administrative, engineering, architectural, inspection, legal, etc . . . are acceptable for match requirements. G. If a community has any open SMLPC grants they are not eligible to submit another application. In addition, if the open SMLPC grant is not at least 50% expended at the time of application submittal, then they are not eligible to submit. An acceptable close-out package must be submitted before submitting an application.