Updates on Federal Financial Assistance Programs

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The government has been issuing grants for more than 50 years. A grant as a sum of money that never has to be paid back grant funding is appropriated annually by Congress and the programs listed in the catalog of domestic federal assistance grants are administered by several cabinet-level agencies including the Department of Housing and Urban Development Health and Human Services education transportation and Homeland Security.

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You will find out if you qualify for a grant and how you can apply to get your grant. We will show you a way to find grants you are eligible for. Who can qualify most grants are awarded to government organizations at the state and local level, nonprofit organizations, and Academia; both public and private education providers are eligible as our independent school systems and research institutions.

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It’s difficult though not impossible for an individual citizen to secure a government grant the chances of success are greater if you have a small business engaged in activities that benefit the general public and if your services fill a void not being filled in some other way.

Nonprofits seeking funding to directly advance important government goals have an even greater chance of receiving grants. Grants are also used as a method for funding research and development of technology-based products and services for the federal government. If you can’t qualify for a grant the small business administration is a possible source of financial assistance to business owners looking to create or expand their businesses.

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Contrary to popular belief in questionable advertising grants are not awarded for personal financial assistance to those who have fallen on hard times.

How do you apply? While it’s tempting to think of grants as free money, securing a grant is a complex process that requires significant time and expertise. Grants also require a commitment to fulfill certain obligations in exchange for the money and failure to do so on schedule may result in legal penalties. This quid pro quo arrangement is designed to ensure that the government gets a substantial return on its investment. The place to start as to review the CDFA which provides information on how to apply and how the money can be used it explains the application review in a word processor as well as the reporting and performance requirements associated with different programs.

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You can also initiate direct contact with the government department that sponsors the specific type of grants you are interested in securing. These agencies all have websites for quick access to such information. There are many different government departments that give out grants and most of them may have different criteria. 

Most grants are used to promote the public good directly either immediately or over the long-term this includes retraining programs to aid those who lost their jobs, local Street improvement projects, and programs to attract Business Development.

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