13 CFR §306.6
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)EDA will provide Investment Assistance under this subpart for the period of time required to complete the Project's scope of work, as specifically outlined in the applicable FFO.
- (b)For a Project of significant Regional or national scope, EDA may waive the requirement set forth in § 301.2(b) of this chapter that the non-profit organization act in cooperation with officials of a political subdivision of a State.
- (c)The Investment Rate for Investments under this subpart shall be determined in accordance with § 301.4(b)(4) of this chapter.
- (d)At least 80 percent of EDA funding must be allocated to direct costs of program delivery.