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Low Income Investment Fund
RFA 2 - NCMR
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Is there specific information we need to put for our insurance to add CDSS as an additional insured? (Name, address of CDSS?)
In the grant agreement it says that we need to submit ALTA insurance in a format acceptable to DSS. What is the format that is acceptable?
We are hiring a general contractor; do we need to ask them for the license numbers of all sub-contractors they will be using, or do we only provide the general contractors business license number?
Do we need to follow ADA requirements for just new construction or for the whole center?
If we give it our best effort and still fall short of enrolling more students at certain times over the course of 10 years, will we have to repay the grant or does the state understand fluctuation?
What are the different timelines for the service agreement?
Is there additional Builders Risk Insurance? How long would we need to maintain additional coverage?
Can the match funds get applied to soft funds or expenses not covered by grant? What are the scenarios that match funds could be reduced, or what does "in kind" mean?
Which bonds are we responsible for getting vs. the ones our contractor has to get?
Is this program budget funded already, or do we risk losing the money if the state votes out the program?

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Is this grant considered taxable income?

March 04, 2024 19:56
Updated

Please see this article for details related to taxes for the Infrastructure Grant Program.

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