Section 218-RICR-70-00-12.9 - Form and Terms of Program Awards12.9.1Form of AwardsA. Program funds approved by the Director, pursuant to § 12.8 of this Part, will be awarded to Eligible Organizations pursuing Eligible Projects at Eligible Facilities in the following forms:1. For Eligible Projects involving improvements to Eligible Facilities, the Program award shall be in the form of a grant;2. For Eligible Projects involving the expansion of existing early learning facilities and/or the creation of new early learning facilities, the Program award shall be in the form of a grant.12.9.2Recapture and RepaymentsA. Grant contracts issued pursuant to Program awards shall specify that any Eligible Facility purchased, renovated, or improved with Program funds shall remain under the ownership or lease of the grantee and shall remain in use as an early learning facility operated by an Eligible Organization for not less than twenty (20) years from the date of contract execution unless approved by the Department and agreed to by the grantee in writing.B. Grant contracts issued pursuant to Program awards shall stipulate recapture provisions obligating the return of Program funds to the Department if it is determined that the grantee has not complied with the Rules and Regulations governing the Early Childhood Care and Education Capital Fund.C. Funding repaid to the Program per any compliance-related provisions contained within the grant contract documents associated with an award of Program funds shall be reallocated to Eligible Projects in accordance with these Regulations.218 R.I. Code R. 218-RICR-70-00-12.9
Adopted effective 6/12/2022