[Code of Federal Regulations]
[Title 24, Volume 3]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 24CFR583.305]

[Page 256]
 
                 TITLE 24--HOUSING AND URBAN DEVELOPMENT
 
  CHAPTER V--OFFICE OF ASSISTANT SECRETARY FOR COMMUNITY PLANNING AND 
        DEVELOPMENT, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
 
PART 583_SUPPORTIVE HOUSING PROGRAM--Table of Contents
 
                     Subpart D_Program Requirements
 
Sec. 583.305  Term of commitment; repayment of grants; prevention of undue benefits.

    (a) Term of commitment and conversion. Recipients must agree to 
operate the housing or provide supportive services in accordance with 
this part and with sections 423 (b)(1) and (b)(3) of the McKinney Act 
(42 U.S.C. 11383(b)(1), 11383(b)(3)).
    (b) Repayment of grant and prevention of undue benefits. In 
accordance with section 423(c) of the McKinney Act (42 U.S.C. 11383(c)), 
HUD will require recipients to repay the grant unless HUD has authorized 
conversion of the project under section 423(b)(3) of the McKinney Act 
(42 U.S.C. 11383(b)(3)).

[61 FR 51176, Sept. 30, 1996]