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Thursday, July 20, 2006 |
Office of the Director |
Each year, the Corporation allocates AmeriCorps funds to cover the costs of childcare for AmeriCorps members who qualify for the subsidy. The Corporation recently determined that we will not need all of the budgeted childcare funding for this fiscal year and can re-allocate the unneeded funds to the Formula and Competitive allotments. The attached chart shows revised allocations to each state for 2006 Formula funds, adding additional funds from this re-allotment of childcare funds. We realize that it will be difficult at this point in the grant cycle for commissions to make revisions to plans. Therefore, we want to provide as much flexibility as possible to you. You have several options for using these additional funds:
Please contact your Program and Grants Officer via e-mail by August 1st to let them know which option you choose. If you choose Option #4 and you cannot identify the specific programs that you intend to fund by August 14th, you must submit a plan for how the funds will be disseminated. Your plan must include a commitment to identify all programs in your state to receive the additional formula funding by October 31, 2006 and criteria to ensure that funds are disseminated to programs with strong capacity to fully use the additional resources. Please remember that the additional funds are granted on the basis of a year-to-year re-allocation. There is no guarantee that funds will be available for funding a second or third year. Therefore, we caution you in requesting additional funding and MSYs to take into consideration the long-term sustainability of the programs and service provided by the members. Also, with these additional funds, you must stay within the limits on cost per member service year, a maximum average of $12,600 across your formula, competitive and education award program grants.
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VIEWED ON: Thursday, May 07, 2009 | |
URL: http://www.nationalservice.gov/about/newsroom/commcenter_detail.asp?tbl_pr_id=480 |
THIS PAGE IS FOR PRINTING PURPOSES ONLY. ALL LINKS HAVE BEEN DISABLED. |