Current through November 30, 2024
Section 86.56 - What does the Service consider when evaluating a project that includes more than the minimum match?(a) When we evaluate a project under the criterion for match at § 86.51(b)(1) , we consider how much cash the applicant and partners commit above the required minimum match of 25 percent of project costs.(b) The contribution may be from a State, a single source, or any combination of sources.(c) We will award points as follows: Percent cash match | Points |
26-30 | 1 |
31-35 | 2 |
36-40 | 3 |
41-45 | 4 |
46-50 | 5 |
51-80 | 6 |
81 or higher | 7 |
(d) We must waive the first $200,000 in match for the entities described at § 86.32(a) . We will determine the required match by subtracting the waived amount from the required 25 percent match and award points using the table at paragraph (c) of this section.