Frequently Asked Questions


Can Equity money be used to fund salaries?

Equity Funds are not intended to fund what should be routine, on-going community and economic development efforts at the local or regional level, such as the staffing of various development authority offices. One time technical assistance efforts, on the other hand, are eligible and may be competitive if well justified, and if the application demonstrates the local commitment to use the results of the technical assistance and fully implement its recommendations.

Tagged: equity funds

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