Section 250-RICR-170-05-1.5 - Notification of Available FundsA. Availability of Funds 1. The Director shall publicly announce via Request for Proposals the availability of all funds under the Climate Resilience Fund. During each announcement of availability of funds, the Director may allocate portions of the available funding for either Governmental or Non-Profit Entities in the Climate Resilience Fund.2. The funds will be available to eligible applicants in the form of grants of up to seventy-five percent (75%) of eligible costs. Applicants must be able to match at least twenty-five percent (25%) of eligible costs. At the Director's discretion, a grant for less than seventy-five percent (75%) of eligible costs may be awarded based on site or project characteristics per the grant agreement.3. The announcement of the availability of funds issued per this rule shall include the weighting of the evaluation criteria listed in § 1.8(A) of this Part for the round of grants being offered.B. Frequency of Awards and Announcements 1. Grants using these funds will be made periodically, on a competitive basis, based on announcements regarding requests for applications pursuant to § 1.6 of this Part. At a minimum the announcement will state: a. The approximate amount of money available under the fund;b. The deadline for all applications; andc. Any other information that the Director determines necessary and pertinent.250 R.I. Code R. 250-RICR-170-05-1.5
Adopted effective 12/29/2019