SECTION 11.306. Local Funding Match

(a) The local funding match is a cash match or in-kind contribution provided by or through the project sponsor. An in-kind contribution may only include actual and documented pre-construction or construction-related costs previously incurred by the project sponsor that are otherwise eligible for reimbursement under applicable statutes and regulations.

(b) Funds from other federal programs may be used as a local funding match only when specifically authorized by federal law or regulation.

(c) Donated services may not be accepted as a local funding match, but may be used to reduce the overall cost of the project.

(d) If a project selected by the commission is administered by the department, the project sponsor must provide the cash portion of the local funding match prior to the commencement of project activities.

Source Note: The provisions of this §11.306 adopted to be effective October 12, 2014, 39 TexReg 7938