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MUST MATCHING FUNDS BE AVAILABLE TO MATCH MHC GRANT FUNDING?

funding funds matching MHC
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MUST MATCHING FUNDS BE AVAILABLE TO MATCH MHC GRANT FUNDING?

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Sponsoring organizations are required to provide financial support for their projects. The matching funds must be at least equal to the grant amount requested from the Council. The matching funds can be made up of cash and other contributions from the sponsoring organization, cash from third parties, in-kind contributions from third parties, or program income. Applicants are encouraged to raise third-party cash as an indication of community interest in their project and to demonstrate a partnership between public and private support.

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