6 Miss. Code. R. 4-8.7
Current through December 10, 2024
Applicants must provide matching funds. Pursuant to 24 CFR Part 576 and 42 U.S.C. 11375 the ESG Program requires that ESG funds provided by HUD be matched with an equal amount of funds from other sources. The match amount may include the amount of funds from other sources, the value or fair rental value of any donated material or building (this source can only be utilized as match one time), the value of any lease on a building, any salary paid to staff to carry out the program of the recipient, and the value of the time and services (at a rate of $5.00 per hour) contributed by volunteers to carry out the program of the recipient.
6 Miss. Code. R. 4-8.7