Reports: Semi-annual programmatic and fiscal reporting are required, and final program report covering the total project operational period. All projects funded under this program must include an independent, methodologically sound evaluation of the effectiveness of the activities carried out under the grant. Interim project evaluation reports must be submitted annually and a final project evaluation report at the end of the project period. Audits: Audits are required in accordance with requirements in 45 CFR 74 and 92. Records: Financial and other records of the grant are to be kept 3 years after the termination of the grant or until audited, whichever comes first. FINANCIAL INFORMATION: Account Identification: 75-1536-0-1-506. Obligations: (Grants) FY 99 $5,500,000; FY 00 est $5,500,000; and FY 01 est $5,500,000. Range and Average of Financial Assistance: The average is $500,000. PROGAM ACCOMPLISHMENTS: Nine grants were awarded in fiscal year 1999. Projects funded under this program are designed to: (1) Create new jobs and business employment through microenterprise/self- employment opportunities, expansion of existing businesses through technical and financial assistance and new business ventures for TANF recipients and other low-income individuals that will move them toward economic self-sufficiency; (2) test new approaches to solving human services problems through research demonstration grants; (3)
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