(a) A sponsor must enter into a written agreement for cost share as prescribed by AmeriCorps.
(b) A sponsor must make timely cost share payments as prescribed by AmeriCorps and applicable Federal law and regulations.
(c) In addition to other sources of funds, a sponsor may use funds from Federal, State, or local Government agencies, provided the requirements of those agencies and their programs are met.
(d) Subject to review and approval by AmeriCorps, AmeriCorps may enter into an agreement with another entity to receive and use funds to make cost share payments on behalf of the sponsor.
authority: 42 U.S.C. 4951-4953;
5 CFR part 734,
42 U.S.C. 4953(a), (f), 4954(b), (e), 4955(b), 4956, 5043(a)-(c), 5044(a)-(c), (e), 5046, 5052, 5056, and 5057;
42 U.S.C. 12651b (g)(10);
42 U.S.C. 12651c(c); E.O. 13279, 67 FR 77141, 3 CFR, 2002 Comp., p. 2156,
42 U.S.C. 4954(a), (b), (d), 4955, 5044(e), 5055, and 5059;
42 U.S.C. 12602(c),
42 U.S.C. 4953(b), (c), (f), and 5044(e)
source: 88 FR 31180, May 16, 2023, unless otherwise noted.
cite as: 45 CFR 2556.160