---
kind: "section"
citation: "45 C.F.R. § 2551.92"
title: "45"
number: "2551.92"
heading: "What are project funding requirements?"
url: "https://uscodex.org/cfr/45/2551.92"
---

# §2551.92. What are project funding requirements?

- (a) **Is non-AmeriCorps support required?** A AmeriCorps grant may be awarded to fund up to 90 percent of the cost of development and operation of a Senior Companion project. The sponsor is required to contribute at least 10 percent of the total project cost from non-Federal sources or authorized Federal sources.
- (b) **Under what circumstances does AmeriCorps allow less than the 10 percent non-AmeriCorps support?** AmeriCorps may allow exceptions to the 10 percent local support requirement in cases of demonstrated need such as:
  - (1) Initial difficulties in the development of local funding sources during the first three years of operations; or
  - (2) An economic downturn, the occurrence of a natural disaster, or similar events in the service area that severely restrict or reduce sources of local funding support; or
  - (3) The unexpected discontinuation of local support from one or more sources that a project has relied on for a period of years.
- (c) **May AmeriCorps restrict how a sponsor uses locally generated contributions in excess of the 10 percent non-AmeriCorps support required?** Whenever locally generated contributions to Senior Companion projects are in excess of the minimum 10 percent non-AmeriCorps support required, AmeriCorps may not restrict the manner in which such contributions are expended provided such expenditures are consistent with the provisions of the Act.
- (d) **Are program expenditures subject to audit?** All expenditures by the grantee of Federal and non-Federal funds, including expenditures from excess locally generated contributions in support of the grant, are subject to audit by AmeriCorps, its Inspector General, or their authorized agents.
- (e) **May a sponsor pay stipends at rates different than those established by AmeriCorps?** A sponsor must pay stipends at rates no less than the rate established by AmeriCorps. A sponsor may use non-AmeriCorps funding to pay stipends at rates higher than the rate established by AmeriCorps but may not use AmeriCorps funding for this purpose.

## Notes

### Amendments

[64 FR 14115, Mar. 24, 1999, as amended at 75 FR 51415, Aug. 20, 2010; 83 FR 64647, Dec. 17, 2018; 89 FR 70542, Aug. 30, 2024]

### Authority

Authority: 42 U.S.C. 4950 et seq.; 42 U.S.C. 12651b-12651d; E.O. 13331, 69 FR 9911.

### Source

Source: 64 FR 14115, Mar. 24, 1999, unless otherwise noted.

### Amendments

[64 FR 14115, Mar. 24, 1999, as amended at 75 FR 51415, Aug. 20, 2010; 83 FR 64647, Dec. 17, 2018; 89 FR 70542, Aug. 30, 2024]