Leveraging

Adm 93.13 Leveraging. The department shall award points to a local government based upon the department’s evaluation of the local government’s leveraging of CDBG funds with funds from other public or private sources, as set forth in the department’s application instruction manual. To qualify for points under this section, a local government shall document the availability of firm commitments for the balance of project funding from creditworthy sources to ensure timely completion of the project. History: EmR1309: emerg. cr. eff.

7-1-13; CR 13-069: cr. Register April 2014 No. 700, eff. 5-1-14.