[Code of Federal Regulations]

[Title 24, Volume 4]

[Revised as of April 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 24CFR1003.102]



[Page 773]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

CHAPTER IX--OFFICE OF ASSISTANT SECRETARY FOR PUBLIC AND INDIAN HOUSING, 

               DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

 

PART 1003_COMMUNITY DEVELOPMENT BLOCK GRANTS FOR INDIAN TRIBES AND ALASKA 

NATIVE VILLAGES--Table of Contents

 

                      Subpart B_Allocation of Funds

 

Sec.  1003.102  Use of recaptured and unawarded funds.



    (a) The Assistant Secretary will determine on a case-by-case basis 

the use of grant funds which are:

    (1) Recaptured by HUD under the provisions of Sec.  1003.703 or 

Sec.  1003.704;

    (2) Recaptured by HUD at the time of the closeout of a program; or

    (3) Unawarded after the completion by an Area ONAP of a funding 

competition.

    (b) The recaptured or unawarded funds will remain with the Area ONAP 

to which they were originally allocated unless the Assistant Secretary 

determines that there is an overriding reason to redistribute these 

funds outside of the Area ONAP's jurisdiction. The recaptured funds may 

be used to fund the highest ranking unfunded project from the most 

recent funding competition, an imminent threat, or other uses. Unawarded 

funds may be used to fund an imminent threat or other uses.