The Secretary shall adopt by procedure the process for application for assistance under this section. (b) State financial assistance awarded under this section shall be in the form of a grant. An applicant for a State grant shall pay at least 35 percent of the total eligible project cost or shall pay the specific cost share authorized by statute for the program from which the grant is awarded. The dollar amount of a State grant shall be equal to the total eligible project cost, less the percent of the total required to be paid by the applicant, and less the amount of any federal assistance awarded. (c) A grant awarded under this section shall comply with all terms and conditions for the issuance of State grants. (Added 2017, No. 168 (Adj. Sess.), § 5, eff. May 22, 2018.)
Vermont Legal Code