42 U.S.C. § 11386d — Matching funding
submitted 17 years ago by Pub. L. 100-77 to r/title-42-THE-PUBLIC-HEALTH-AND-WELFARE · 218 words · no verdicts yet
A collaborative applicant generally must identify matching contributions equal to at least 25 percent of funds provided in its geographic area. Leasing grants are exempt, and documented in-kind services may count.
(a) In general. A collaborative applicant* in an area receiving funds under this part must identify contributions from sources other than a grant under this part. This includes renewal funding for projects assisted under parts C, D, and F of this subchapter as they existed before the 2009 Act’s effective date. The contributions must be at least 25 percent of the funds provided to recipients in the area. Leasing grants do not have a matching requirement.
(b) Limits on in-kind matching. The cash value of services an entity other than the project sponsor* provides to the sponsor’s residents or clients counts only if a memorandum of understanding documents that the services will be provided.
(c) Countable activities. The contribution may be—(1) funding for any eligible activity under section 11383; or (2) subject to subsection (b), in-kind services for any eligible activity under section 11383.
A collaborative applicant* in a geographic area* in which funds are awarded under this part shall specify contributions from any source other than a grant awarded under this part, including renewal funding of projects assisted under parts C, D, and F of this subchapter as in effect before the effective date under section 1503 of the Homeless* Emergency Assistance and Rapid Transition to Housing Act of 2009, that shall be made available in the geographic area in an amount equal to not less than 25 percent of the funds provided to recipients in the geographic area, except that grants for leasing shall not be subject to any match requirement.
The cash value of services provided to the residents or clients of a project sponsor* by an entity other than the project* sponsor may count toward the contributions in subsection (a) only when documented by a memorandum of understanding between the project sponsor and the other entity that such services will be provided.
The contributions required under subsection (a) may consist of—
funding for any eligible activity described under section 11383 of this title; and
subject to subsection (b), in-kind provision of services of any eligible activity described under section 11383 of this title.
Source credit: (Pub. L. 100–77, title IV, § 430, as added Pub. L. 111–22, div. B, title III, § 1305(3), May 20, 2009, 123 Stat. 1695.)
- 2009Enacted · Pub. L. 100-77 · 123 Stat. 1695
A history note hasn’t been published yet. The record shows enactment by Pub. L. 100-77 on 2009-05-20.
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