42 C.F.R. § 51c.502

Current through November 30, 2024
Section 51c.502 - [Effective 10/1/2025] Definitions
(a)Equipment means nonexpendable personal property as defined in 2 CFR 200.1 .
(b)Existing building means a completed or substantially completed structure, and may include the realty on which it is or is to be located.
(c)Modernization means the alteration, repair, remodeling and/or renovation of a building (including the initial equipment thereof and improvements to the building's site) which, when completed, will render the building suitable for use by the project for which the grant is made.

42 C.F.R. §51c.502

43 FR 5352, Feb. 7, 1978, as amended at 81 FR 3007 , Jan. 20, 2016
As amended at 81 FR 3007 , 1/20/2016; 89 FR 80065 , 10/1/2025