Frequently Asked Questions


Can Equity funds be used for grant preparation and management?

No. If consultants or grant writers were employed to write and/or manage Equity grants, we would expect the applicant to provide the funds outside the actual grant award as part of its contribution/match to the project. There may be rare instances, however, when overwhelming justification and documentation submitted by the applicant might be sufficient to justify granting an exception. Please note that engineering, architectural and inspection costs are considered to be part of construction costs, and as such, are clearly eligible.

Tagged: equity funds

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