Grant programs in which a set of distributive criteria established by law is used to determine the amount of federal funds that a state or local government will receive are known as __________ grants.

Question

Quizplus · Accepted Answer

Formula grants distribute funds based on a predefined formula or set of criteria established by law. This formula may take into account factors such as population size or poverty rates, and the resulting funding allocation is intended to be distributed fairly among eligible recipients. In contrast, project grants are awarded based on a competitive application process, entitlement grants guarantee a certain level of funding to eligible recipients, and community redevelopment grants provide funding for specific development projects in designated areas. Tax remuneration is not a type of grant program but refers to refunds or compensation provided to taxpayers for overpayment or other reasons.

Grant Programs in Which a Set of Distributive Criteria Established