Laserfiche WebLink
<br />. <br /> <br />. <br /> <br />. <br /> <br />How to Apply for a Planning Grant <br /> <br />Grant Award limitations <br /> <br />There are two FMA planning grant award limitations. The first funding <br />limit is based on a cost-share requirement while the second limit is a <br />statutory cap. <br /> <br />Cost-Share Limitation <br /> <br />FMA planning grants are limited to 75 percent of the cost of eligible <br />activities, The remaining 25 percent must be met by matching <br />contributions from other non-federal funding sources. Additionally, up <br />to one-half of the non-federal share may be met by in-kind contributions <br />from third parties. The remaining one-half ofthe non-federal share must <br />be met by local government expenditures and cash funds identified at <br />the time of application, Figure I provides a simple illustration of this <br />cost-sharing requirement. <br /> <br />Figure 1, Cost-Share Example <br /> <br />Total Planning Grant Request: $100,000 <br /> <br />Local Match <br />Cash $12,5 0 <br /> <br /> <br />Federal Share <br />75,000 <br /> <br />Local Match <br />In-kind $12,500 <br /> <br /> <br />Local match requirements are discussed in more detail on the following <br />page. <br /> <br />Statutory Limitation <br /> <br />A local jurisdiction may only receive one (1) planning grant every five <br />(5) years, Additionally, the planning grant cannot exceed $50,000 <br />(federal share), If a community submits a planning grant application <br />requesting a federal share of $50,000, the local match committed must <br />be at least $16,667 of which only $8,333 may be in-kind. Figure 2 <br />illustrates this cost-share: <br /> <br />Local Match <br />Cash $8,334 <br /> <br /> <br />Figure 2 <br /> <br />Federal Match <br />$50,000 <br /> <br />Local Match <br />In-kind $8,333 <br /> <br />12 <br /> <br />How to Apply for a Planning Grant <br />