One-third match
Compiled text through Sep 15, 2021
Register checked through Jul 29, 2026
No later Register activity identified in this check.
Dates and status
- Compiling agency
- Executive Department
- Text status
- Source receipt
- Compiled text through
- Sep 15, 2021
- Register checked through
- July 29, 2026/Vol. XLVIII, Issue 30 (2026-07-29)
- Activity status
- No later Register activity identified in this check.
- Source snapshot
- Jun 6, 2026
(a)In negotiating each contract, the applicant must demonstrate its access to matching support, available or anticipated to be made available, equal to at least one-third of the amount of such contract.
(b)The required match may be cash and/or in-kind contributions and must be used for housing preservation and community renewal activities.
(c)In-kind contributions must be verifiable, quantifiable, reasonable and relevant to the company's activities.
(1)In-kind services may not include:
(i)routine board functions and responsibilities; but may include, with division approval, services from board members for which the company ordinarily would have to pay;
(ii)overtime by executive and full-time administrative staff paid with rural preservation funds;
(iii)technical assistance provided by division staff; or
(iv)any other category determined by the division.
(d)Documentation of in-kind services must be available for review by division staff.