Eligible Costs Chart This section provides rules and examples of for and ELIGIBLE COSTS ACQUISITION DEVELOPMENT. Acquisition Costs The following provide examples of for ELIGIBLE COSTS ACQUISITION. EXAMPLES COSTS ACQUISITION (Up to 100% of Amount) GRANT Purchase price of the Cost of the land (but not incidental costs of preliminary • property and relocation title reports, appraisal fees, escrow costs, and title costs insurance fees) (Note: will not costs resulting in displacement of Relocation costs: LWCF • reimburse tenants (not willing sellers or pursuant to “incidental GRANTEES) Per the Government Code §7260 7277. costs”. NPS LWCF – State Assistance Manual If the is not paying for relocation costs, the o GRANT in Chapter 4.D.7.f. on must ensure that the seller is paying GRANTEE page 4-23: Act “The LWCF displaced tenants in compliance with Government precludes using Fund Code §7260 7277. – assistance for incidental Employee services: see accounting rules for • costs relating to employee services explained in the GRANT These ACQUISITION.” ADMINISTRATION GUIDE. incidental costs include preliminary title reports, administration and accounting PROJECT/GRANT • appraisal fees, escrow costs, and title insurance fees all not eligible.) – LWCF Application Procedural Guide
Eligible Costs Chart This section provides rules and examples of ELIGIBLE COSTS for ACQUISITION and DEVELOPMENT. Acquisition Costs The following provide examples of ELIGIBLE COSTS for ACQUISITION. ACQUISITION COSTS (Up to 100% of GRANT Amount) EXAMPLES Purchase price of the property and relocation costs (Note: LWCF will not reimburse “incidental costs”. Per the NPS LWCF State Assistance Manual in Chapter 4.D.7.f. on page 4-23: “The LWCF Act precludes using Fund assistance for incidental costs relating to ACQUISITION.” These incidental costs include preliminary title reports, appraisal fees, escrow costs, and title insurance fees – all not eligible.) • Cost of the land (but not incidental costs of preliminary title reports, appraisal fees, escrow costs, and title insurance fees) • Relocation costs: costs resulting in displacement of tenants (not willing sellers or GRANTEES) pursuant to Government Code §7260 – 7277. o If the GRANT is not paying for relocation costs, the GRANTEE must ensure that the seller is paying displaced tenants in compliance with Government Code §7260 – 7277. • Employee services: see accounting rules for employee services explained in the GRANT ADMINISTRATION GUIDE. • PROJECT/GRANT administration and accounting LWCF Application Procedural Guide