program funds must be issued to annually award recipients of new and continuing projects. The recipient organization must obtain cash contributions from nonfederal sources to match the Federal award. The match requirement for recipients through the 5- year term is as follows: one nonfederal dollar for each two Federal dollars in the first and second years; and one nonfederal dollar for each Federal dollar in the third, fourth and fifth years. The match requirement for sustainability awards is One nonfederal dollar for each Federal dollar each year through the 5-year term. Up to one- half of the nonfederal matching assistance may be in the form of in- kind contributions. The Administration may disburse up to 25 percent of each year's Federal share awarded to a recipient organization after notice of the award has been issued and before the nonfederal sector matching funds are obtained. Length and Time Phasing of Assistance: The annual performance period begins July 1 and ends June 30 of the following calendar year. Success projects may be funded through a 5-year term without recompetition. POST ASSISTANCE REQUIREMENTS: Reports: Quarterly performance and financial reports are due in October, January, April and July of each 12-month performance period. Each project report must include statistical data. Two reports, January and July, must include a narrative description of project activities. The Administrator
|
