OAR 738-124-0040
Maximum COAR and ROAR Grant Amounts and Applicant Financial Matching Requirements
(1)
Maximum grant amounts for the respective programs are:(a)
COAR program: $150,000 per project.(b)
ROAR program: $500,000 per project.(c)
Maximum amounts listed in this rule are cumulative to all applications submitted with respect to a single project.(d)
Notwithstanding the maximum grant amounts listed in this section, the Board may award a larger grant if it makes a finding that a larger grant awarded to a particular project would serve the purposes of the program. If an Applicant applies for a grant amount above the maximum amount listed in this section, the application must include a detailed statement of how the grant amount in excess of the maximum listed in this section would serve the purposes of the respective program as described in OAR 738-124-0010 (Purpose).(2)
COAR Financial matching requirements.(a)
Minimum financial match requirements are based on the category of airport at which the project will be performed, as listed in the current Oregon Aviation Plan. By category, the minimum financial match requirements are:(A)
Category 1(i)
Commercial Primary: 50% of the total eligible project costs(ii)
Other Commercial Non-Primary (less than 10,000 enplanements): 35% of the total eligible project costs(B)
Category 2 – Business: 25% of the total eligible project costs(C)
Category 3 – Regional: 10% of the total eligible project costs(D)
Category 4 – Community: 10% of the total eligible project costs(E)
Category 5 – Low Activity: 5% of the total eligible project costs(b)
Notwithstanding subsection (a), the minimum financial match requirement for an airport listed in Table 1 of the FAA’s Essential Air Service (EAS)/Economically Distressed Area (EDA) Determination memo dated February 8, 2019 is 5% of the total eligible project costs.(c)
For applications filed for assistance with FAA Airport Improvement Program (AIP) match requirements, the grant match amount is the eligible project cost and is subject to the minimum financial match requirements described above.(3)
ROAR financial matching requirements:(a)
For applications seeking funds for capital projects, the Applicant shall contribute at least 50% of the total eligible project costs.(b)
For applications seeking funds for any other purpose, the Applicant shall contribute at least 10% of the total eligible project costs.
Source:
Rule 738-124-0040 — Maximum COAR and ROAR Grant Amounts and Applicant Financial Matching Requirements, https://secure.sos.state.or.us/oard/view.action?ruleNumber=738-124-0040.