24 C.F.R. § 583.130

Current through October 31, 2024

Section 583.130 - Commitment of grant amounts for leasing, supportive services, and operating costs

Upon execution of a grant agreement covering assistance for leasing, supportive services, or operating costs, HUD will obligate amounts for a period not to exceed five operating years. The total amount obligated will be equal to an amount necessary for the specified years of operation, less the recipient's share of operating costs.

24 C.F.R. §583.130

59 FR 36891, July 19, 1994

Approved by the Office of Management and Budget under OMB control number 2506-0112