Do Member Impact Fund awards have ongoing monitoring requirements?

Yes, and they are simple:

1. Grantees must complete and submit a Verification of Funds and Use Form within two months of the Member Impact Fund award posting to a member’s DDA. It is the responsibility of the member to ensure the grantee completes this form.

2. The full amount of the Member Impact Fund match and member’s contribution must be used to support the grantee’s affordable housing or community development activities.