OAR 741-020-0060

OAR 741-020-0060. Grant Awards and Match

Last amended: 2004Length: 83 wordsOfficial source
(1) Grant awards shall not exceed 75% of the total Project costs. Loans may be for the full amount of the project. In no case, shall any one project receive more than 50% of the funds available to the Program. (2) Any required local share of a project grant can be cash, or a combination of cash and in-kind services. (3) Grants and loans will be awarded only when there are sufficient funds available to cover the costs of the loans and grants.
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