MAYOR AND EXECUTIVE AGENCIES - GRANTS AND LOANS FROM ESCHEATED ESTATES FUND - REQUIREMENTS FOR ELIGIBILITY


Published: 1996-02-23

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2701 REQUIREMENTS FOR ELIGIBILITY

2701.1 Grants and loans from the Escheated Estates Fund shall be made only for projects that will benefit low-income residents of the District of Columbia

2701.2 For the purposes of § 2701.1, the term “low-income” means household income that does not exceed the federally defined poverty level, as such may be determined by the U.S. Department of Labor.

2701.3 Grants and loans from the Escheated Estates Fund may be made only to the following entities:

(a) District-based, nonprofit organizations, whose articles of incorporation, financial statement, and, where applicable, Internal Revenue Code § 501(c)(3) letter of exemption are enclosed with the application; or

(b) Public agencies that are requesting funds for pilot programs or model projects that will serve to enhance the quality of life of low income residents of the District of Columbia.

2701.4 Advisory Neighborhood Commissions shall not be eligible to apply for grants or loans.

2701.5 No grants or loans shall be made to individuals.

SOURCE: Final Rulemaking published at 37 DCR 7114-15 (November 9, 1990); as amended by Final Rulemaking published at 43 DCR 861 (February 23, 1996).