District of Columbia Recoverable Grant Agreement

State:
Multi-State
Control #:
US-ENTREP-0052-2
Format:
Word; 
Rich Text
Instant download

Description

The purpose of the Grant is to support Company's development, dissemination and commercialization of the Company Technology to support the protection and preservation of natural resources and the mitigation of the adverse environmental impacts of climate change, all in furtherance of said company's mission and charitable purpose.
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FAQ

23-0130), Coronavirus Support Emergency Amendment Act of 2021, effective March 17, 2021 (D.C. Act No. 24-0030). The amount received by businesses and individuals pursuant to these grants may be subject to federal income tax and included in federal gross income.

A block grant is an annual sum of money that is awarded by the federal government to a state or local government body to help fund a specific project or program. These became official in the U.S. beginning in 1966.

In March 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was enacted by Congress ?to provide emergency assistance and health care response for individuals, families, and businesses affected by the 2020 coronavirus pandemic.? As part of this effort, $89 million was allocated to California in ...

A block grant in the United States is a grant-in-aid of a specified amount from the federal government of the United States to individual states and local governments to help support various broad purpose programs, such as law enforcement, social services, public health, and community development.

There is a need for greater accountability in how the funds are actually spent by the states is one of the biggest problems with federal block grants.

Copy link. Block grants' funding levels tend to fall short of meeting need, requiring benefit cuts, eligibility restrictions, or waiting lists. Funding levels are often inadequate initially and typically erode over time.

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District of Columbia Recoverable Grant Agreement