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What is the maximum federal reimbursement amount for a HR3 project?

April 26, 2017Federal hr3 maximum project Reimbursement

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What is the maximum federal reimbursement amount for a HR3 project?

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The maximum federal reimbursement ratio for any HR3 project will be 90 percent and the maximum federal reimbursement amount for any project will be $900,000. Projects that exceed $1,000,000 in total costs will be eligible for funding, but the maximum federal reimbursement will remain at $900,000. Requests for additional federal funds that exceed the original amount shown in the application will not be granted except in unusual circumstances and subject to the availability of funds.