[Code of Federal Regulations]
[Title 44, Volume 1]
[Revised as of October 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 44CFR209.4]

[Page 517]
 
              TITLE 44--EMERGENCY MANAGEMENT AND ASSISTANCE
 
             CHAPTER I--FEDERAL EMERGENCY MANAGEMENT AGENCY
 
PART 209--SUPPLEMENTAL PROPERTY ACQUISITION AND ELEVATION ASSISTANCE--Table of Contents
 
Sec. 209.4  Allocation and availability of funds.

    (a) We will allocate available funds based on the number and value 
of properties that meet the eligibility criteria and whose owners want 
to participate in an acquisition or elevation project.
    (b) We may reallocate funds for which we do not receive and approve 
adequate applications. We will obligate most available funds within 12 
months following the deadline for submitting applications, unless 
extenuating circumstances exist.