Renewals: Not applicable. ASSISTANCE CONSIDERATIONS: Formula and Matching Requirements: This program has no statutory formula or matching requirements, although availability of matching funds is considered in determining priority. Length and Time Phasing of Assistance: Funding for complete projects is limited to projects that can be completed within 2 years. Projects of longer duration may only be funded for 1 year at a time. POST ASSISTANCE REQUIREMENTS: Reports: Grantees must provide a financial report and performance activity report quarterly while the project is in process, and a project evaluation report within 1 year after the project is completed. Audits: Audits are required in accordance with OMB Circular No. 115 A-133. Records: Records and accounts must be maintained to reflect the operations of the project. PROGAM ACCOMPLISHMENTS: This is a new program for which implementing regulations are in a draft stage. Appropriated funds are available for fiscal year 2000, in the amount of $3,500,000, pending implementation of final program regulations. It is unknown what funding will be available for fiscal year 2001. REGULATIONS, GUIDELINES, AND LITERATURE: A proposed rule was published in the Federal Register on February 3, 1998, 63 FR 5474. Final regulations are under development and are expected to be published at 7 CFR 4284, Subpart G. INFORMATION CONTACTS: Regional or Local Office: Contact the appropriate Rural
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