Iowa Code r. 261-31.17 - Application procedures
(1)
Application process and approval process.
a.
Application process. The authority will only accept
competitive applications submitted during the filing window. For the purpose of
this rule, the filing window shall start on July 1 and end on July 15 of any
fiscal year in which the authority opens the application process. If July 15
falls on a weekend, the deadline shall be extended to the next business day.
The authority has developed an application process and will post all relevant
application information on iowagrants.gov.
b.
Approval process. The
director of the authority will establish a review committee consisting of the
authority's industry partners. The committee may recommend full or partial
funding or no funding of any or all applicants.
(2) All requests for financial assistance
must demonstrate the ability to provide matching moneys on the basis of a two
dollar contribution of recipient moneys for every one dollar received in
financial assistance from the authority.
Notes
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