Current through September 30, 2024
Section 3570.66 - Determining the maximum grant assistance(a)Responsibility. State Directors are responsible for determining the applicant's eligibility for grant assistance.(b)Maximum grant assistance. Grant assistance cannot exceed the lower of: (1) Qualifying percentage of eligible project cost determined in accordance with § 3570.63(b) ;(2) Minimum amount sufficient to provide for economic feasibility as determined in accordance with § 3570.61(d) ; or(3) Either 50 percent of the annual State allocation or $50,000, whichever is greater, unless an exception is made by the RHS Administrator in accordance with § 3570.90 .