243x Filetype XLSX File size 0.02 MB Source: mht.maryland.gov
Sheet 1: Budget Detail and Instructions
Budget Detail and Instructions | |||||
Historic Preservation Capital Grant Application | |||||
Item # | Work Item (Description) | Capital Grant Funds Requested | Applicant Proposed Cash and In-Kind Match | Other Project Funds (non-state funds) |
Total Project Funds |
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25 | |||||
TOTALS | $0.00 | $0.00 | $0.00 | $0.00 | |
Capital Grant Funds Requested/Eligible Scope of Work | |||||
· The total amount of Historic Preservation Capital Grant funds requested should be in even $1,000 increments. | |||||
· The maximum grant award is $100,000. The suggested minimum grant request is $10,000. | |||||
· See Grant Guidelines for complete information about eligible costs and matching funds. | |||||
· All grant funds AND matching funds must be spent on the scope of work you have defined in this budget. | |||||
Applicant Proposed Match | |||||
· Applicant match (cash and in-kind), may come from non-state sources such as corporate, institutional, and individual donations or pledges to provide direct funding for the proposed project or to provide in-kind services. In-kind match includes the cash value of donated materials, volunteer time and salary time put towards the project. Only local governments, business entities, and individuals need to provide match. Non-profit organizations do not need to provide match and should use the "other project funds" category. | |||||
· Please note that state funds cannot be used as match for this grant and should not be included anywhere in this budget sheet. Please only include this information in the application narrative. | |||||
· Funds already spent toward the physical care and/or improvement of the property prior to a grant award cannot count as match; likewise work completed prior to a grant award will not be covered by grant funds. | |||||
· Government entities, business entities, and individuals must match the grant dollar for dollar in cash and / or an equivalent value of in-kind services. Nonprofits are exempt from matching requirements. In no case should a match in excess of a dollar-for-dollar match be proposed. For example, if the “project” you have defined will cost $250,000, you may request $100,000 in Historic Preservation Capital Grant funds, commit a $100,000 match, and include $50,000 as “other project funds”. | |||||
Other Project Funds Category | |||||
· Under this column, nonprofit organizations should include any non-state funds the organization plans to commit to the project. Local governments, business entitites, and individuals should include any non-state funds committed to the project that are above and beyond the required 1:1 match. | |||||
Other Budget Information | |||||
• Structures used for religious purposes may be eligible for grant assistance generally for exterior or structural work only and will be reviewed for eligibility by MHT on a case by case basis. Spaces or objects used primarily for religious purposes are not eligible for funding. | |||||
· Projects that consist solely of pre-development activities should also have an itemized budget. Pre-development costs are only eligible costs for non-profit organizations and local governments. | |||||
· On the next tab is a sample budget for guidance in completing your budget. Your budget must be specific to your project. Do not simply duplicate the line items in the sample for your budget but use it as a template. |
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