What are the requirements for the amount of matching funds?
• The large city and urban community applicants are required to show a minimum 25% match of the federal funds awarded. That is, if one million dollars is requested , there must be $250,000 in matching funds. • The tribal applicants are not required to show matching funds, but are encouraged to do so. • The state-coordinated small cities and rural areas applicants are required to show • a minimum 50% match of federal funds that the state keeps (funds that are not allocated to the communities). That is, if a state requests one million dollars and allocates $750,000 of it to the communities, they must provide 50% matching funds for the $250,000 they retain—or $125,000. • The small cities and rural communities that are coordinated by the state are not required to provide matching funds.
