Board Support and Innovation Grant

 

The Appraisal Subcommittee is making funds available to the Appraisal Foundation to support the operations of the Appraiser Qualifications Board (AQB) and the Appraisal Standards Board (ASB), including projects and activities that promote reform and innovation and expand the positive impact of the AQB, ASB and to support the Foundations other grant-eligible activities.

Active 38.009 Federal Financial Institutions Examination Council Appraisal Subcommittee B - Project Grants Not applicable. Title XI authorizes the ASC to grant funds as it deems appropriate to the Appraisal Foundation to support grant-eligible activities of the Foundation’s Appraiser Qualifications and Appraisal Standards Boards (AQB and ASB)., Title Financial Institutions Reform, Recovery and Enforcement Act, Part Title XI § 1109 (b)(4) The only eligible applicant is the Appraisal Foundation. Not applicable. Not applicable. Preapplication coordination is not applicable. 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. The Foundation must follow the steps described in the NOFA and submit its application directly to the Appraisal Subcommittee. The ASC staff will review the application and approve the specific activities to be supported under the grant as described in the application and contact the Foundation before award for any clarification or budget revisions needed. The ASC executive director will make the funding decision and issue a Notice of Grant Award to the Foundation. Funds will be expended directly from the Foundation. December 19, 2020 Contact the headquarters or regional location, as appropriate for application deadlines From 30 to 60 days. Not applicable. More than 180 days. The Foundation may apply for year two and three funding under the grant at a time set by the ASC before the first year grant period ends. Not applicable. Funds can be used to support the activities of the AQB and ASB, to make materials and trainings available free of charge, to assess the operations of the AQB and ASB, and to assess the best methods for providing practical appraisal experience. Performance Reports: The grantee will submit a performance report every six months, following instructions the ASC will provide. Not applicable. Not applicable. Statutory formula is not applicable to this assistance listing.

Matching requirements are not applicable to this assistance listing.

MOE requirements are not applicable to this assistance listing. Grant funds are available for three years with funds provided annually. Grant funds must be spent during the three-year project period. The Foundation will draw funds as they are needed from an account in the Payment Management System the ASC will establish for the Foundation. None/Not specified. Regeane Frederique
1325 G St. NW, Suite 500
Washington, DC 20005 USA
Grants@asc.gov
Phone: 202-792-1168 https://www.asc.gov/Grants.aspx 36-2502-6-0-002 (Project Grants (Special)) FY 22$0.00; FY 23 est $999,999.00; FY 24 est $250,000.00; FY 19 FY 20 est $785,406.00; FY 21 est $1,000,000.00; - The ASC will only make one award of up to $1,000,000 per year for a three-year grant. Not applicable. Not applicable.