50 CFR 401.11 – Property as matching funds
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The non-Federal share of the cost of projects may be in the form of real or personal property. Specific procedures to be used by grantees in placing the value on real or personal property for matching funds are set forth in Attachment F of Federal Management Circular 74-7.
Terms Used In 50 CFR 401.11
- Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
- Personal property: All property that is not real property.