(1) Occasionally during the course of the grant cycle the Arkansas Historic Preservation Program identifies additional funds available for Historic Preservation Restoration Grants.
(2) These funds usually result from a grantee’s decision to decline a grant award.
(b)
(1) When additional Historic Preservation Restoration Grant funds are identified, the Historic Preservation Grant Selection Committee will meet to determine the reassignment of any unused grant funds previously awarded.
(2) The funds may only be awarded to another qualified applicant with a current grant proposal on file.
(c) The committee will use the same criteria to reassign these midterm funds that are used to award the initial grants.