e-CFR data is current as of January 14, 2021 |
Title 34 → Subtitle B → Chapter II → Part 222 → Subpart L → §222.193 |
Title 34: Education
PART 222—IMPACT AID PROGRAMS
Subpart L—Impact Aid Discretionary Construction Grant Program Under Section 8007(b) of the Act
(a) Except as provided in paragraph (b) of this section and §222.191, the amount of funds provided under an emergency grant or a modernization grant awarded to an eligible LEA is subject to the following limitations:
(1) The award amount may not be more than 50 percent of the total cost of an approved project.
(2) The total amount of grant funds may not exceed four million dollars during any four-year period.
(b) Emergency or modernization grants to LEAs with no practical capacity to issue bonds as defined in §222.176 are not subject to the award limitations described in paragraph (a) of this section.
(Authority: 20 U.S.C. 7707(b))