Federal capitalization grant definition

Federal capitalization grant means amounts provided to the Trust under one or more agreements between the Trust and the United States of America acting by and through the EPA to be applied in accordance with the applicable Federal Act to fund Loans made by the Trust:

Federal capitalization grant means the assistance agreement by which the EPA obligates and awards funds allotted to the Authority for purposes of capitalizing the Clean Water Revolving Fund and the Drinking Water Revolving Fund.

Federal capitalization grant means a federal grant awarded by EPA to the state as seed money to help establish the state water pollution control revolving fund.

Examples of Federal capitalization grant in a sentence

• Reimbursements to communities are paid 100% from State matching funds until they have been exhausted, and then from Federal capitalization grant funds or Drinking Water State Revolving funds.

• States are required to provide an additional 20 percent of the Federal capitalization grant as matching funds in order to receive a Federal grant.

• The Commonwealth of Massachusetts intends to use the full 4 percent of the Federal capitalization grant funds for administrative support of activities related to the Federal Fund.

• Reimbursements to communities are paid 100% from State matching funds until they have been exhausted, and then from Federal capitalization grant funds or Clean Water State Revolving Funds.

• The Federal capitalization grant, principal repayments, interest repayments, and funds earned through leveraging are used to support our overall bond authorization and, as such, are not individually identified.

• The front door and path shall face and be visible from the street.

• In order to meet a Federal capitalization grant condition, the Ohio EPA will require WPCLF projects to comply with the federal wage and employment standards under the federal Davis-Bacon Act.

• At least ten percent (10%) of an annual Federal capitalization grant should be allocated towards projects that qualify as Green Project Reserve.

• To comply with all Federal capitalization grant and project reporting requirements.

• Under this option, the States deposit into the SRF from State moneys at least 20 percent of the Federal capitalization grant, which increases the amount of SRF funds available for loans to communities for water projects.According to EPA’s report, the fact that match deposits are usually cash deposits under this option provides a benefit to the program because interest earnings on the match funds remain in the SRF and will be available for loans or other financial assistance.

More Definitions of Federal capitalization grant

Federal capitalization grant means a federal grant awarded by the U.S. Environmental Protection Agency (EPA) to the state to help expand the state water pollution control revolving fund.

Federal capitalization grant means federal dollars allocated to the State of Oregon for a federal fiscal year from funds appropriated by U. S. Congress for the State Revolving Fund under Title VI of the Clean Water Act.

Federal capitalization grant means amounts provided to the Trust under one or more agreements between the Trust and the United States of America acting by and through the United States Environmental Protection Agency to be applied in accordance with the Federal Acts to fund Loans made, or Local Governmental Obligations purchased by, the Trust;