§296c. Matching requirement
The Secretary may require that an entity that applies for a grant or contract under this subchapter provide non-Federal matching funds, as appropriate, to ensure the institutional commitment of the entity to the projects funded under the grant. Such non-Federal matching funds may be provided directly or through donations from public or private entities and may be in cash or in-kind, fairly evaluated, including plant, equipment, or services.
(July 1, 1944, ch. 373, title VIII, §804, as added
Editorial Notes
Prior Provisions
A prior section 296c, act July 1, 1944, ch. 373, title VIII, §804, as added Sept. 4, 1964,