The authority may not award a grant to a recipient under 3 AAC 107.300 - 3 AAC 107.430 in a fiscal year in an amount that exceeds 20 percent of the amount in the fund available in that fiscal year for grants under 3 AAC 107.300 - 3 AAC 107.430. An applicant may apply for, and the authority may award to an applicant, more than one grant under 3 AAC 107.300 - 3 AAC 107.430 during a fiscal year; however, the applicant must submit a separate application for each grant requested.

(Eff. 6/29/94, Register 131; am 11/25/94, Register 132)

Authority: AS 42.45.100, AS 42.45.180, AS 44.83.080