AHEAD
The local nonprofit, government agency, or tribal organization receiving an AHEAD grant is required to use the funds in full within 18 months of the award date and provide both the member and the Bank with completed compliance documentation.
The member must submit compliance documentation to the same secure portal workspace that was created for disbursement documents. The project sponsor must provide compliance documentation including a one-time AHEAD Program Project Status Report, and, if requested, a final Compliance Budget and acceptable backup expense documentation to the member.
The member will notify the AHEAD team when the compliance documentation is ready for review once all documentation has been uploaded to the workspace.
The member and/or sponsor must notify the Bank if any of the following occur prior to the end of the 18-month AHEAD compliance period:
The project scope has materially changed since disbursement.
The project budget has materially changed since disbursement, including any modifications to the use of AHEAD funds.
Other factors that could impact the ability of the project to be completed or sponsor’s ability to implement the project.
