Title 7

SECTION 3430.405

3430.405 Funding restrictions.

§ 3430.405 Funding restrictions.

(a) Construction. Funds made available for grants under this subsection shall not be used for the construction of a new building or facility or the acquisition, expansion, remodeling, or alteration of an existing building or facility (including site grading and improvement, and architect fees).

(b) Indirect costs. Subject to § 3430.54, indirect costs are allowable.

(c) Start-up businesses. NIFA does not fund start-up businesses under this subpart.