The Administration may offer an applicant all or part of the applicant’s cost sharing or matching for a federal grant if: The project is within the scope of this chapter as specified in Regulation .01; The project directly benefits the State; and The applicant complies with all the requirements for the federal grant. The Administration shall cancel a grant offer made pursuant to §A of this regulation if the applicant does not receive the federal grant. The Administration may offer a grant to an applicant that submits an unsolicited request for cost sharing or matching for a federal grant consistent with this regulation.