261—27.5 (15) Application procedures.
	 27.5(1) Application procedures for entitlement communities. Eligible entitlement communities shall submit to IDED a neighborhood stabilization plan that provides details on their proposed activities, includes a project budget, and demonstrates compliance with federal rules and regulations governing the program.
	 27.5(2) Application procedures for non-entitlement communities. Non-entitlement communities requesting funds must complete an application similar in content to the plan submitted by the entitlement communities.
	 27.5(3) Application/plan contents. The plan submitted by the entitlement communities, and the application submitted by the non-entitlement communities, shall include at least the following information:
	  a.   	 General project description;
	  b.   	 Budget for all activities;
	  c.   	 Projected start and end dates;
	  d.   	 Demonstration of how the project will meet all federal requirements, including the requirements to benefit households with incomes of less than 120 percent of area median income and that at least 25 percent of the funding will benefit households with incomes of less than 50 percent of area median income;
	  e.   	 Targeted geographical area of the community for the proposed activities;
	  f.   	 Additional detail on each of the separate proposed activities.
[ARC 7709B, IAB 4/8/09, effective 3/20/09]