34 CFR §222.181
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
An LEA is eligible to apply for a modernization grant under the fourth priority of section 8007(b) of the Act if it—
- (a)
- (b)Has used at least 75 percent of its bond limit;
- (c)Has an average per-student assessed value of real property available to be taxed for school purposes that is below its State average; and
- (d)Has facility needs resulting from the presence of the Federal Government, such as the enrollment of federally connected children, the presence of Federal property, or an increase in enrollment due to expanded Federal activities, housing privatization, or the acquisition of Federal property.