What are Section 15 grants?
Grants were authorized under the Educational Facilities Construction and Financing Act of 2000, and provided additional funding in legislation enacted on July 9, 2008. School districts generally received 40 percent of eligible project costs. School districts must finance the balance of the cost of their facilities project. To be eligible for funding, a school project needs to meet the Facilities Efficiency Standards (a guideline for space allowance) as well as have elements deemed necessary for a thorough and efficient education by DOE. Grants are paid out as districts attain specific project milestones.
Related Questions
- Can Section 5309 Discretionary Grants for Urban Circulators be used to pay for engineering or design work, research and development, or technology development?
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- How is LongTail Neighborhoods different than the project section of LongTail Grants?