Section 290 IAC 1-3-2 - Funding limitationsAuthority: IC 10-14-4-11 Affected: IC 10-14-4
Sec. 2.
(a) The state disaster relief fund may only be used to support mitigation projects if: (1) awarded as part of an individual or a public assistance grant under 290 IAC 1-1 or 290 IAC 1-2;(2) the department publicizes a funding opportunity notice identifying:(A) the amount of funding available, which must be set aside at the time of publication and may not reduce the disaster relief fund below five million dollars ($5,000,000);(B) the purpose and scope of the funding opportunity;(C) the criteria that will be used to make funding decisions;(D) applicant cost shares that may apply;(E) award caps that may apply;(F) the type of applicant that may apply;(G) whether the award is made on a reimbursement basis;(H) the deadline for submitting an application; (I) the date by which determinations will be made; and(J) any other requirements or restrictions imposed on the opportunity; or(3) the project: (A) is administered by the department;(B) provides a tangible statewide disaster mitigation impact; and(C) does not reduce the disaster relief fund below five million dollars ($5,000,000) at the time of encumbrance.(b) Mitigation funds awarded under subsection (a)(1) are not in addition to the statutory caps set for the individual or public assistance programs, and serve only to expand the purpose for which the funds may be used.Department of Homeland Security; 290 IAC 1-3-2; filed 11/8/2024, 2:23 p.m.: 20241204-IR-290240262FRA