34 C.F.R. § 222.179
An LEA that is eligible to receive section 8003(b) assistance for the fiscal year but that does not meet the other eligibility criteria described in § 222.178(a) or (b) may apply on behalf of a school located within its geographic boundaries for an emergency grant under the second priority of section 8007(b) of the Act if—
(a) The school—
(d) The LEA has an average per-student assessed value of real property available to be taxed for school purposes that is below its State average.
(Authority: 20 U.S.C. 7707(b))