| (a) Match requirement. Excluding Applications under
the disaster relief and persons with disabilities set asides, Match
shall be required based on the tiers described in paragraphs (1) and
(2) of this subsection:
(1) Zero percent of Direct Activity Costs, exclusive
of Match, is required as Match:
(A) when the Service Area includes the entire unincorporated
area of a county and where the population of Administrator's Service
Area is less than or equal to 20,000 persons; or
(B) when the Service Area does not include the entire
unincorporated area of a county and the population of the Administrator's
Service Area is less than or equal to 3,000 persons.
(2) One percent of Direct Activity Costs, exclusive
of Match, is required as Match for every 1,000 in population to a
maximum of 15 percent.
(b) The Department shall use population figures from
the most recently available U.S. census bureau's American Community
Survey (ACS) as of the date of submission of the Application to determine
the applicable Match. The Department may incentivize or provide preference
to Applicants committing to provide additional Match above the requirement
of this subsection. Such incentives may be established as selection
criteria in the NOFA.
(c) Documentation is required of a commitment of at
least $40,000 in cash reserves to facilitate administration of the
program and to ensure the capacity to cover costs prior to reimbursement
or costs determined to be ineligible for reimbursement. The amount
of the cash reserve commitment must be included in the Applicant's
resolution. To meet this requirement, Applicants must submit:
(1) financial statements indicating adequate local
unrestricted cash or cash equivalents to utilize as cash reserves
and a letter from the Applicant's bank(s) or financial institution(s)
indicating that current account balances are sufficient; or
(2) evidence of an available line of credit or equivalent
in an amount equal to or exceeding the requirement in this subsection.
(d) Selection criteria for this activity will be outlined
in the NOFA.
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