Part B - Public Charter Schools. Subpart 2 - Credit Enhancement Initiatives To Assist Charter School Facility Acquisition, Construction, And Renovation. Limitation on administrative costs.
An eligible entity may use not more than 0.25 percent of the funds received under this subpart for the administrative costs of carrying out its responsibilities under this subpart.
(Pub. L. 89-10, title V, Sec. 5226, as added Pub. L. 107-110, title V, Sec. 501, Jan. 8, 2002, 115 Stat. 1802.)