Can a for-profit entity (private developer) be the lead applicant and still be eligible for the 10% match threshold if they execute a memorandum of understanding (MOU) with a nonprofit public benefit company service provider partner, or do the two have to be co-applicants (for-profit and nonprofit)?

by | Feb 10, 2023 | FAQ - Crisis and Behavioral Health Continuum

“Only nonprofit entities are entitled to the 10 percent match. To meet the 10 percent match requirement, either the applicant or the co-applicant must be a nonprofit company. If a single applicant is a for-profit entity, the match requirement is 25 percent. A...