§3570.66. Determining the maximum grant assistance.
7 C.F.R. § 3570.66
Responsibility. State Directors are responsible for determining the applicant's eligibility for grant assistance.
Maximum grant assistance. Grant assistance cannot exceed the lower of:
Qualifying percentage of eligible project cost determined in accordance with § 3570.63(b);
Minimum amount sufficient to provide for economic feasibility as determined in accordance with § 3570.61(d); or
Either 50 percent of the annual State allocation or $50,000, whichever is greater, unless an exception is made by the RHS Administrator in accordance with § 3570.90.
Notes, amendments, and revision history
Source
Source: 64 FR 32388, June 17, 1999, unless otherwise noted.
Authority
Authority: 5 U.S.C. 301; 7 U.S.C. 1989.
Source
Source: 62 FR 16469, Apr. 7, 1997, unless otherwise noted.