a b c d e f g h i j k l m n o p q r s t u v w y z search |
TeachMeFinance.com - explain State rural development block grant State rural development block grant The term 'State rural development block grant ' as it applies to the area of agriculture can be defined as ' Under provisions of the Rural Community Advancement Program (RCAP), each state may receive, for direct administration, up to 10% of the funds allocated to the state. These funds may be used to establish a state administered block grant. The first 5% of the state block grant allocated does not require the community to make a matching fund contribution. A state may receive the additional 5% if it provides $2 in matching funds for every $1 in RCAP funds it would receive'. About the author
Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details. |