Formula Grants

{
  "id": "MLC-T-ENV-011594",
  "term": "Formula Grants",
  "field": "Environment",
  "definition": "1. Formula Grants involve the allocation of money to states or their subdivisions in accordance with distribution formulas prescribed by law or administrative regulation, for activities of a continuing nature.\n\n2. Allocations of money to States or their subdivisions in accordance with a distribution formula prescribed by law or administrative regulation, for activities of a continuing nature not confined to a specific project.",
  "subject": "Policy and guidance",
  "references": [
    "EPA BRM",
    "Grants and Debarment Glossary"
  ],
  "url": "https://mlchart.com/terminology/environment/formula-grants/"
}