Iowa Admin. Code r. 571-23.10

Current through Register Vol. 47, No.14, January 8, 2025

Rule 571-23.10 - Payments

(1)Grant amount. Grant recipients will be paid 75 percent of all eligible costs incurred on a project up to the amount of the grant unless otherwise specified in the project agreement.

(2)Project billings. Grant recipients shall submit billings for reimbursements or cost sharing on forms provided by the department.

(3)Acquisition projects. If clearly requested in the project application and the applicant has shown good cause for such procedure, the department may approve direct payment to the seller of the state's share provided that marketable fee simple title, free and clear of all liens and encumbrances or material objections, is obtained by the local entity at the time of payments and state funds are then available.

(4)Development projects. On approved development projects, payment will be made by the department only as reimbursement for funds already expended by the local entity.

Iowa Admin. Code r. 571-23.10

Adopted by IAB May 1, 2024/Volume XLVI, Number 22, effective 6/5/2024