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PresenterMark W. Abbott ǀ Grants Director

Introduction to the ASC State Grant Program

ModeratorBrent Jayes ǀ Managing Director

MONITORstate appraisal agency requirements

PERFORMcompliance reviews of state appraiser regulatory

programs

MAINTAINnational registry of appraisers and AMCs

MAKES GRANTSto the Appraisal Foundation and state appraiser

certifying and licensing agencies

Appraisal Subcommittee Core Functions

ASC Grants Office Functions

➢ Establish funding priorities

➢ Issue Notices of Funding Availability (NOFAs)

➢ Review grant applications

➢ Make funding recommendations and awards grants

➢ Train/support grantees on federal grant requirements

➢ Monitors grantee activities (site visits/audits)

ELIGIBLE GRANTEES

State appraiser certifying and licensing agencies

1 2 3

The Appraisal Foundation Other

ASC Grants – Statutory Authority

✓ Includes support for complaint processes, complaint investigations, and appraiser enforcement activities of such agencies

✓ Support to submit data to the National Registries

✓ Activities that advance goals of Title XI

TYPES OF GRANTS

NON-COMPETITIVE COMPETITIVE GRANTS

1 2

3-year awards with 1-year operating Budgets$25,000 to $120,000 per yearRolling Quarterly Application Deadlines

Demonstration GrantsSpecial Initiatives$$$ Amounts To be Determined

COMPETITIVE GRANTS

✓ Support for innovation or demonstration grants designed to advance the appraisal industry

✓ Grantees can test assumptions and processes or solve critical problems

✓ Applications will define, test and disseminate conclusions about outcomes

✓ Limited Funds with specific application deadlines

ALLOWABLE COSTS

✓ Three Part Test – Allowable, Allocable and Reasonable

✓ Grants can cover staff, facilities, equipment, supplies, training, consultants and other costs

✓ Application instructions will provide examples of eligible costs

TECHNOLOGY

COMMUNICATIONS

TRAINING

TRAVEL

SUPPLIES

ELIGIBLE ACTIVITIES

APPLICATION PROCESS

✓ Notices of Funding Availability (NOFA) will contain all the information potential applicants need to apply for funds

✓ Applicants need to register in the System for Award Management (SAM)

TIMELINE – PHASE 1 AWARDS

Market Analysis/Stakeholder EngagementPublished NOFAsAccount Creation SAM/PMSConducts Technical Assistance Calls

MAY/JUNE

AUGUST

SEPTEMBERProposal ReviewRecommendation to Board/funding decisionsGrant Awards made Phase 1

Technical Assistance Calls/WebinarsApplications Due

FEDERAL GRANT REQUIREMENTS

Grantees must follow federal grant requirements in the Code of Federal Regulations (2 CFR 200)

ASC will conduct training and provide Technical assistance for grantees on the grant admin. requirements

Awards management via HHS Payment Management System

1

2

3

POST-AWARD GRANTS MANAGEMENT

Grantees will have accounts in the Payment Management System operated by the Department of Health and Human Services to:

✓ Withdraw grant funds from their accounts as they need them

✓ Submit financial and progress reports

TECHNOLOGY

COMMUNICATIONS

TRAINING

TRAVEL

SUPPLIES

FEEDBACK/IDEAS

OTHER

QUESTIONS / IDEAS?