§306.6. Application requirements.
13 C.F.R. § 306.6
EDA will provide Investment Assistance under this subpart for the period of time required to complete the Project's scope of work, as specifically outlined in the applicable FFO.
For a Project of significant Regional or national scope, EDA may waive the requirement set forth in § 301.2(b) of this chapter that the non-profit organization act in cooperation with officials of a political subdivision of a State.
The Investment Rate for Investments under this subpart shall be determined in accordance with § 301.4(b)(4) of this chapter.
At least 80 percent of EDA funding must be allocated to direct costs of program delivery.
Notes, amendments, and revision history
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]