<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".04" citation="COMAR 14.29.03.04" title_num="14" subtitle_num="29" chapter_num="03" heading="Grant Application Procedures.">
  <paragraph num="A.">
    <text>For any year during which money is available in the Fund to make grants from the Grant Program, the Authority shall:</text>
    <paragraph num="(1)">
      <text>Establish grant application procedures;</text>
    </paragraph>
    <paragraph num="(2)">
      <text>Establish selection criteria that the Authority will utilize when awarding grants;</text>
    </paragraph>
    <paragraph num="(3)">
      <text>Establish grant application deadlines;</text>
    </paragraph>
    <paragraph num="(4)">
      <text>Establish minimum and maximum amounts for awards of individual grants; and</text>
    </paragraph>
    <paragraph num="(5)">
      <text>Publish on the Trust’s website the grant application procedures, selection criteria, grant application deadline, and minimum and maximum award amounts.</text>
    </paragraph>
  </paragraph>
  <paragraph num="B.">
    <text>An application for a grant shall be made on forms prescribed by the Authority and posted on the Trust’s website.</text>
  </paragraph>
  <paragraph num="C.">
    <text>A grant application shall include information and documentation that:</text>
    <paragraph num="(1)">
      <text>Establishes that the applicant is an eligible grantee as provided in Regulation .03A of this chapter evidenced by copies of the applicant’s organizational documents, including as applicable its articles of incorporation and bylaws, its articles of organization and operating agreement, its certificate of limited partnership and limited partnership agreement, or its partnership or joint venture agreement;</text>
    </paragraph>
    <paragraph num="(2)">
      <text>Describes in detail the proposed activity;</text>
    </paragraph>
    <paragraph num="(3)">
      <text>Identifies the estimated or actual cost of the proposed activity evidenced by contractor bids, proposals, or other good faith estimates;</text>
    </paragraph>
    <paragraph num="(4)">
      <text>Identifies in a proposed budget all proposed sources and uses of funding for the activity;</text>
    </paragraph>
    <paragraph num="(5)">
      <text>Establishes the applicant’s capability and readiness to initiate and undertake the activity and to complete the activity within an established time frame;</text>
    </paragraph>
    <paragraph num="(6)">
      <text>Establishes the applicant’s financial capacity to pay for costs of the proposed activity that will not be funded by the grant;</text>
    </paragraph>
    <paragraph num="(7)">
      <text>Identifies the sources, forms, and amounts for the matching contribution required under Regulation .06B of this chapter;</text>
    </paragraph>
    <paragraph num="(8)">
      <text>Details the applicant’s administrative capabilities, including the applicant’s capacity to manage the proposed activity; and</text>
    </paragraph>
    <paragraph num="(9)">
      <text>May otherwise be required by the Authority as specified in the grant application form.</text>
    </paragraph>
  </paragraph>
</regulation>