Government Funding Law and Legal Definition

Government funding refers to financial assistance received by non government entities in the form of federal, state, or local government grants, loans, loan guarantees, property, cooperative agreements, food commodities, direct appropriations, or other assistance. However, government funding does not include tax credits, deductions, or exemptions.

The following is an example of a case law on government funding:

Government funding of a private entity, however, no matter how extensive, is insufficient to transform otherwise private conduct into state action. [Young v. Halle Hous. Assocs., L.P., 152 F. Supp. 2d 355 (D.N.Y. 2001)].