24 C.F.R. § 572.210   Implementation grants.


Title 24 - Housing and Urban Development


Title 24: Housing and Urban Development
PART 572—HOPE FOR HOMEOWNERSHIP OF SINGLE FAMILY HOMES PROGRAM (HOPE 3)
Subpart C—Grants

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§ 572.210   Implementation grants.

(a) General authority. Any implementation grants for the purpose of carrying out homeownership programs approved under this part will be awarded using a selection process and selection criteria to be published in a NOFA.

(b) Deadline for completion. A recipient must spend all implementation grant amounts within 4 years from the effective date of the grant agreement. The appropriate HUD field office may approve a request to extend the deadline when it determines that an extension is warranted. A previously approved grant amount may not be amended to increase the grant amount.

(c) Program closeout. Recipients will comply with closeout procedures as issued by HUD.

[62 FR 34145, June 24, 1997]

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