29 U.S.C. § 3051
Section 3051 · 3051 to 3058. Omitted
Amended 1 time on record
The Secretary shall award grants to States to pay for the Federal share of the cost of the establishment and administration of, or the expansion and administration of, an alternative financing program featuring one or more alternative financing mechanisms to allow individuals with disabilities and their family members, guardians, advocates, and authorized representatives to purchase assistive technology devices and assistive technology services (referred to individually in this subchapter as an “alternative financing mechanism”).
The alternative financing mechanisms may include—
(1) a low-interest loan fund;
(2) an interest buy-down program;
(3) a revolving loan fund;
(4) a loan guarantee or insurance program;
(5) a program operated by a partnership among private entities for the purchase, lease, or other acquisition of assistive technology devices or assistive technology services; or
(6) another mechanism that meets the requirements of this subchapter and is approved by the Secretary.
(1) Period
The Secretary may award grants under this subchapter for periods of 1 year.
(2) Limitation
No State may receive more than one grant under this subchapter.
The Federal share of the cost of the alternative financing program shall not be more than 50 percent.
Nothing in this section shall be construed as affecting the authority of a State to establish an alternative financing program under subchapter I of this chapter.