Section 3050.40  Assistance Formula for Grants

The OLT program shall operate on a reimbursement basis providing up to a maximum of 50% funding assistance on total approved project costs. Disadvantaged populations are eligible for up to a maximum of 90% funding assistance on total approved project costs.  Projects that are the subject of a specific appropriation are eligible for up to a maximum of 90% funding assistance on total approved project costs. No more than $2,000,000, may be awarded to any grantee for a single project for any fiscal year.

(Source:  Amended at 26 Ill. Reg. 3479, effective February 25, 2002)