(a) When we evaluate a project under the criterion for match at § 86.51(b)(1), we consider how much cash the applicant and partners commit above the required minimum match of 25 percent of project costs.
(b) The contribution may be from a State, a single source, or any combination of sources.
(c) We will award points as follows:
Percent cash match
| Points
|
---|
26-30 | 1
|
31-35 | 2
|
36-40 | 3
|
41-45 | 4
|
46-50 | 5
|
51-80 | 6
|
81 or higher | 7 |
(d) We must waive the first $200,000 in match for the entities described at § 86.32(a). We will determine the required match by subtracting the waived amount from the required 25 percent match and award points using the table at paragraph (c) of this section.