§ 3430.405 - Funding restrictions.  


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  • § 3430.405 Funding restrictions.

    (a) Construction. Funds made available for grants under this subsection shall not be used for the construction of a new building or facility or the acquisition, expansion, remodeling, or alteration of an existing building or facility (including site grading and improvement, and architect fees).

    (b) Indirect costs. Subject to § 3430.54, indirect costs are allowable.

    (c) Start-up businesses. NIFA does not fund start-up businesses under this subpart.