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What are federal grants to state and local governments?
What are state grants?
What is a government grant?
What are federal 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.
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.
- Competitive grants. The star of the grant world, competitive grants are awarded through an often complex application process that allows them to select the proposals that best align with their funding priorities, goals, and availability.
- Formula grants. True to their name, formula grants are awarded based on a set formula with criteria like population or need.
- Block grants. Block grants are much like formula grants, as they're also typically given to state and local governments. But unlike formula grants which outline how to achieve stated outcomes, you have more wiggle room to determine the path forward.
- Pass-through grants. A go-to for economic development agenciesand state and local governments, pass-through grants are awarded to one organization that then distributes the funds to other organizations or individuals so they can carry out a program or project.
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.
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.
