Can pre-existing planning funds be counted towards leveraged match?
Yes, as long as the funds are used to directly leverage and in coordination with for the purpose of the Sustainable Communities Regional Planning grant program. Leveraged resources are additional cash and in-kind contributions that can be combined with funds awarded by HUD under this NOFA to increase the effectiveness of the proposed program activities. Leveraged resources may be in the form of cash and/or the cash equivalent of verified in-kind contributions. Leveraged resources may be secured from one source or a combination of sources, including governmental entities, public and private entities, and the community. The applicant must provide evidence of a firm commitment for each source of the leveraged resources. The leveraged resources committed to the program will need to be spent for the purpose of the program and during the period of performance stated in the grant agreement. Cash contributions may come from any combination of local, state and/or federal funds, and/or private a
