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Grant management software is a program or application that helps non-profits administer the grant process. Some software is designed to help foundations (known as "grantmakers") to organize, prioritize, and process the grant applications they receive from charities (known as "grantseekers"), as well as simplify oversight of the grants they make.
After court cases in states such as Florida and California approved their legal use, many other states enacted laws which approved the use of impact fees by local jurisdictions. [2] Impact fees have developed as an offspring of in lieu fees but have had a more significant effect on funding infrastructure. In some cases, the use of the impact ...
The state of California discontinued the use of TIF financing due to lawsuits in 2011, and enacted the California Fiscal Emergency Proclamation 2010, thereby ending the diversion of property tax revenues from public funding, including the use of TIFs for the funding of the nearly 400 redevelopment agencies in the state.
Capital Impact funded the senior housing community Magnolia Crossing in Clovis, California. The community was created to give residents care in a homelike environment with 14 units of the 48 unit community were set aside for seniors on Medi-Cal. It is the first project of its type to earn partial financing by the New Markets Tax Credit Program.
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In 1950, Congress enacted two laws, P.L. 815 and P.L. 874, that began the grant program in its present form. [1] The Impact Aid statute is now Title VII of the Elementary and Secondary Education Act of 1965 (ESEA)), and the program's regulations can be found in Title 34 of the Code of Federal Regulations, section 222. Total funding for this ...