South Carolina Recoverable Grant Agreement
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How to fill out Recoverable Grant Agreement?
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FAQ
The American Rescue Plan Act specifies eligible costs incurred between March 3, 2021 and December 31, 2024. The California 2021-22 Budget Act, as amended by Chapter 2 of the Statutes of 2022, included language to allow time to reallocate unspent funds and provide some additional flexibility on timing.
Eligible uses of these funds include: COVID-19 expenditures or negative economic impacts of COVID-19, including assistance to small businesses, households, and hard-hit industries, and economic recovery, Premium pay for essential workers, Investments in water, sewer, and broadband infrastructure.
Recoverable grant capital can serve the same purpose for a nonprofit organization. For example ? if a nonprofit is working to test a new, unproven solution to address climate change, they need access to patient risk capital to help them innovate and try new ways to address the problem.
$1,400 per-person checks People making up to $80,000 will receive partial payments. Those with dependents will receive $1,400 per person, including college students and seniors claimed as dependents.
In May 2022, the SC General Assembly passed its plan to allocate a majority of the state's ARP dollars. The allocation includes $900 million to create the SC Infrastructure Investment Program, a major one-time initiative to improve water, wastewater and stormwater systems throughout the state.
To apply: Register in Grants.gov ? Download the corresponding Certificate and Agreement and Program Profile and complete offline and submit through grants.gov. Complete the Application for Federal Assistance (SF-424).