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Is every State guaranteed to receive PDM funds in FY 2007?

funds FY guaranteed PDM State
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Is every State guaranteed to receive PDM funds in FY 2007?

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As a new initiative in FY 2007, each State (including Territories) will receive no less than $500,000 provided the State submits sub-applications for at least that amount and the application(s) meets all program eligibility and completeness requirements. The maximum PDM award for any one state shall not exceed $15 million. There is a $1 million cap on Federal share for plans and a single Federal share cap of $3 million for projects.

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