Title 40 › SUBTITLE V — REGIONAL ECONOMIC AND INFRASTRUCTURE DEVELOPMENT › CHAPTER 155 — FINANCIAL ASSISTANCE › § 15506
A Commission, with the Federal Cochairperson’s approval, can use money made available under this subtitle to pay part or all of the federal share for eligible grant projects in the region. The Commission can also raise the federal share above any fixed limit in the original law when states or local areas lack the matching funds or when the original law does not have enough money for the project. A federal official in charge must first certify that the project meets the original law’s requirements and would be approvable if funds were available. These funds can be used even if other laws limit who can get help or how much is authorized. The federal share may not be more than 80 percent. Existing limits on the Commission’s contributions still apply.
Full Legal Text
Public Buildings, Property, and Works, Source: USLM XML via OLRC
Legislative History
Reference
Citation
40 U.S.C. § 15506
Title 40, Public Buildings, Property, and Works
Last Updated
Sep 22, 2026
Release point: 119-110