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What are federal grants to state and local governments?
What is a federal grant?
What are state grants?
What is the difference between federal and state grants?
Oct 31, 2021 · What Is a Government Grant? A government grant is a financial award given by a federal, state, or local government authority for a beneficial project. It is effectively a transfer payment.
- Troy Segal
Federal grants are usually intended to supplement state and local government efforts. As such, many grant programs require state and local governments to contribute resources.
What is a grant? A grant is a way the government funds your ideas and projects to provide public services and stimulate the economy. Grants support critical recovery initiatives, innovative research, and many other programs listed in the Catalog of Federal Domestic Assistance (CFDA).
The federal government awards hundreds of billions of dollars in grants to state and local governments each year. These grants help finance a broad range of services, including health care, education, social services, infrastructure, and public safety.
Essentially, the key difference between federal and state grants is the source (or which governmental entity your funding comes from). Both types of grants benefit the public; they’re meant for individuals and organizations in financial need.
Ballotpedia's 2021 state survey of the federal grant review process examined the general processes applied by the 50 states in order to seek and distribute federal funds.
A federal grant is an award of financial assistance from a federal agency to a recipient to carry out a public purpose of support or stimulation authorized by a law of the United States. Grants are federal assistance to individuals, benefits or entitlements.
