Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 13 - Business Credit and Assistance |
Chapter III - Economic Development Administration, Department of Commerce |
Part 301 - Eligibility, Investment Rate and Application Requirements |
Subpart D - Investment Rates and Matching Share Requirements |
§ 301.5 - Matching share requirements.
Latest version.
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§ 301.5 Matching share requirements.
The required Matching Share of a Project's eligible costs may consist of cash or In-Kind Contributions. In addition, the Eligible Applicant must show provide documentation to EDA demonstrating that the Matching Share is committed to the Project, will be available as needed and is not or will not be conditioned or encumbered in any way that would preclude its use consistent with the requirements of the Investment Assistance. EDA shall determine at its sole discretion whether the Matching Share documentation adequately addresses the requirements of this section.
[82 FR 57053, Dec. 1, 2017]