How much funding is available annually?
Each approved project may qualify for up to $1 million in NRTC funding. The NRTC Program can award up to $10 million per state fiscal year (July 1 to June 30), depending on the amount of funds received from business entities/corporations. Funds that are received but not used in a fiscal year may be carried over to the next fiscal year.
Related Questions
- Why can the city spend its federal Community Development Block Grant funding (about $600,000 annually) throughout the city?
- Why cant the City spend its federal Community Development Block Grant funding (about $600,000 annually) throughout the City?
- How many international students annually enroll in the program, and what is the possibility of receiving funding?