Board Support and Innovation Grant
Program Funding
Annual program obligations reported to SAM.gov.
Program Objective
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 Foundation’s other grant-eligible activities.
Eligibility
Eligible Applicants
- Other
The only eligible applicant is the Appraisal Foundation.
How to Apply
Application Procedure
The Foundation must follow the steps described in the NOFA and submit its application directly to the Appraisal Subcommittee.
Award Procedure
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.
Decision Timeline
- Approval: From 30 to 60 days
- Renewal interval: > 180 Days
Program details & compliance
Description
This is a non-competitive grant to the Appraisal Foundation to support the operations of the two boards it oversees (Appraiser Qualifications Board and Appraisal Standards Board) and to support the Foundation’s other grant-eligible activities.
Use of Funds
Allowed Uses
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.
Reporting & Compliance
Applicable 2 CFR 200 Subparts
- Subpart B — General Provisions
- Subpart C — Pre-Federal Award Requirements
- Subpart D — Post-Federal Award Requirements
- Subpart E — Cost Principles
- Subpart F — Audit Requirements