Section 3 AAC 107.625 - Grant applications(a) An applicant must submit an application to the authority within the time specified in the request for applications with the documentation and in the format required in the request for grant applications. The application must include (1) information showing to the satisfaction of the authority that the applicant is an eligible applicant within the meaning given in AS 42.45.045 ( l) and under 3 AAC 107.610;(2) information showing to the satisfaction of the authority that the project is eligible under AS 42.45.045(f) - (h) and 3 AAC 107.615;(3) information showing to the satisfaction of the authority that the project is technically and economically feasible;(4) a description of the public benefit from the project;(5) a description of the project scope of work, schedule, milestones, and budget; the description must include an estimate of total project costs, the amount of grant money requested, and identification of other money or resources that are committed to the purposes of the grant;(6) a description of the applicant's financial resources and financial capability of developing the project, including matching resources and other financing necessary for project development; and(7) additional information as required in the request for grant applications or under 3 AAC 107.670.(b) As it considers necessary to obtain complete or additional information, the authority will require applicants, including applicants who have previously received grants for preliminary development phases or partial grants, to submit new applications for each solicitation to which the applicants are responding.Eff. 10/16/2009, Register 192Authority:AS 42.45.045
AS 44.83.080