Section 1-2701. REQUIREMENTS FOR ELIGIBILITY

 

2701.1Grants and loans from the Escheated Estates Fund shall be made only for projects that will benefit low-income residents of the District of Columbia

 

2701.2For the purposes of § 2701.1, the term “low-income” means household income that does not exceed the federally defined poverty level, as such may be determined by the U.S. Department of Labor.

 

2701.3Grants and loans from the Escheated Estates Fund may be made only to the following entities:

 

(a)District-based, nonprofit organizations, whose articles of incorporation, financial statement, and, where applicable, Internal Revenue Code § 501(c)(3) letter of exemption are enclosed with the application; or

 

(b)Public agencies that are requesting funds for pilot programs or model projects that will serve to enhance the quality of life of low income residents of the District of Columbia.

 

2701.4Advisory Neighborhood Commissions shall not be eligible to apply for grants or loans.

 

2701.5No grants or loans shall be made to individuals.

 

source

Final Rulemaking published at 37 DCR 7114-15 (November 9, 1990); as amended by Final Rulemaking published at 43 DCR 861 (February 23, 1996).