Section 3051.30  Funding

a)         The Grant Program is funded by the Natural Areas Acquisition Fund (see 35 ILCS 200/31-35). 

b)         The Department will determine annually the availability of funds for purposes of the Grant Program.  Annual funds for the Grant Program will be determined solely by the Department and will not exceed $2,000,000.

c)         Maximum grant award to any single project is limited to $100,000.

d)         The required match amount by the applicant will be 5% of the grant award or $1,000, whichever is less.

e)         The Grant Program will provide the approved funding assistance on a cost reimbursement basis.