---
kind: "section"
citation: "13 C.F.R. § 306.3"
title: "13"
number: "306.3"
heading: "Application requirements."
url: "https://uscodex.org/cfr/13/306.3"
---

# §306.3. Application requirements.

- (a) EDA will provide Investment Assistance under this subpart for the period of time required to complete the Project's scope of work, generally not to exceed 12 to 18 months.
- (b) For a Project of significant Regional or national scope, EDA may waive the requirement set forth in [§ 301.2(b)](/cfr/13/301.2.md?p=b) of this chapter that the non-profit organization act in cooperation with officials of a political subdivision of a State.
- (c) The Investment Rate for Investments under this subpart shall be determined in accordance with [§ 301.4(b)(4)](/cfr/13/301.4.md?p=b-4) of this chapter.

## Notes

### Amendments

[71 FR 56675, Sept. 27, 2006, as amended at 79 FR 76132, Dec. 19, 2014]

### Authority

Authority: 42 U.S.C. 3147; 42 U.S.C. 3196; 42 U.S.C. 3211; Department of Commerce Organization Order 10-4.

### Source

Source: 71 FR 56675, Sept. 27, 2006, unless otherwise noted.

### Amendments

[71 FR 56675, Sept. 27, 2006, as amended at 79 FR 76132, Dec. 19, 2014]