Is it necessary for applicant organizations to provide matching funds for their project?
No, it is not required, but it is entirely possible that the total cost of your project might exceed the amount that you are asking for from HWPP. If matching and / or in-kind funds are provided, an explanation in the budget narrative should clarify how those funds will be used to supplement or leverage HWPP funding. Matching funds may include other third-party grant or contract funding, fees-for-service, in-kind service contributions or volunteer time. Please note that HWPP funds must not replace existing or matched funds.
Related Questions
- What are the necessary procedures to follow for universities to receive funds for fixed capital outlay project appropriations that were approved by the Legislature?
- Where a building is being purchased with a mortgage, and the applicant has equity in the building, can the equity be used as part of the matching funds?
- Would an applicant who provides matching funds receive a competitive advantage?
