Section 73C-50.007 - Grant Awards(1) Eligible Applicants must obtain a minimum evaluation score of 130 points to be considered for funding; however, this does not guarantee an award.(2) Funding under the Program shall be awarded in accordance with Section 288.9962(8), F.S.(3) Grant awards shall not exceed $5 million for a single project.(4) Grant awards may not fund more than 50 percent of the total cost of the project, when combined with any state or local funds.(5) Successful Applicants will be notified in writing and will be required to enter into a written grant agreement with the Office according to the terms and conditions specified in Section 288.9962(9), F.S. and in accordance with all other applicable laws. The successful Applicant shall not receive any funding from the Program until the Office and successful Applicant enter into a grant agreement.(6) All grant funds awarded must be fully obligated by December 31, 2024, and expended by December 31, 2026.(7) Of the total appropriated dollars, and after subtracting any allowable administrative funds, the Office will initially set aside 40 percent for eligible project applications within a rural community. If all set aside dollars are not awarded, the set aside will no longer apply and all remaining dollars will be awardable to eligible project applications.Fla. Admin. Code Ann. R. 73C-50.007
Rulemaking Authority 288.9961(5)(d) FS. Law Implemented 288.9962 FS.
Adopted by Florida Register Volume 48, Number 222, November 15, 2022 effective 11/30/2022.