forms as furnished by the Federal agency and required by 15 CFR Part 24 must be used for this program. Application Procedure: If an application is invited by the regional office, an EDR or regional office representative will provide necessary forms and assist in filling them out. This program is subject to the provisions of OMB Circular No. A-110 and 15 CFR 244 Part 24. Award Procedure: Final decision on grant applications from eligible applicants is made by the Regional Office Director of the Economic Development Administration, Department of Commerce. Deadlines: Dates are published in the Federal Register. Range of Approval/Disapproval Time: Normally within 120 days of acceptance of a fully completed application. Appeals: None. Renewals: None. ASSISTANCE CONSIDERATIONS: Formula and Matching Requirements: EDA my generally fund 50 percent of a project's cost, however certain conditions of high economic distress or an applicant's inability to provide all of the matching share may permit a higher grant rate. Grant rate requirements may be found in EDA's regulations at 13 CFR Chapter III. Length and Time Phasing of Assistance: None. POST ASSISTANCE REQUIREMENTS: Reports: With the exception of strategy grants, quarterly financial reports are required until one year after final disbursement of funds. Reports on RLF grants are initially required semi-annually but may be
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