18 AAC 73.040 - State grant share

Current through April 6, 2022

(a) For the purpose of calculating grant share percentages under AS 46.03.030(e), the department will use population figures determined by the Department of Commerce, Community, and Economic Development, based on the most recent figures available from the United States Bureau of the Census or other reliable population data. If a grant application is made by a borough or unified municipality on behalf of a city, service district, or other entity within the borough or unified in municipality, the grant percentages will be based on the population of the borough or unified municipality.

(b) If the award of a grant under AS 46.03.030(e) would result in a grantee obtaining financing in excess of 100 percent of eligible costs, the state grant will be limited to the amount required to complete 100 percent financing of eligible project costs.

(c) A grantee may match the state grant share with any combination of

(1) local money;

(2) federal money; and

(3) state money other than money received under this chapter or AS 37.06.

Notes

18 AAC 73.040

Eff. 12/10/77, Register 64; am 6/11/81, Register 78; am 12/23/88, Register 108; am 11/24/94, Register 132

As of Register 171 (October 2004), the regulations attorney made technical revisions under AS 44.62.125(b)(6) to reflect the name change of the Department of Community and Economic Development to the Department of Commerce, Community, and Economic Development made by ch. 47, SLA 2004 and the corresponding title change of the commissioner of community and economic development.

Authority:AS 46.03.020(10)

AS 46.03.030