Any grant program authorized under this part to support the creation and expansion of economic development efforts by community-based organizations shall authorize the community-based development organization to utilize up to five percent (5%) of the funds for the administration of the grant program, including, but not limited to, accounting expenses associated with the grant program, not to exceed twenty thousand dollars ($20,000).
Structure 2021 Tennessee Code
Title 13 - Public Planning and Housing
Chapter 14 - Development District Act of 1965
Part 2 - Community-Based Development Organizations
§ 13-14-202. Community-Based Development Organization Defined
§ 13-14-204. Available Assistance
§ 13-14-205. Preferences in Granting Assistance