[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: 24CFR1003.504]



[Page 792-793]

 

                 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 F_Grant Administration

 

Sec.  1003.504  Use of real property.



    The standards described in this section apply to real property 

within the grantee's control which was acquired or improved in whole or 

in part using ICDBG funds in excess of $25,000. These standards shall 

apply from the date ICDBG funds are first spent for the property until 

five years after the closeout of the grant from which the assistance to 

the property was provided.

    (a) A grantee may not change the use or planned use of any such 

property (including the beneficiaries of such use) from that for which 

the acquisition or improvement was made unless the grantee provides 

affected citizens with reasonable notice of, and opportunity to comment 

on, any proposed change, and either:



[[Page 793]]



    (1) The new use of such property qualifies as meeting the primary 

objective set forth in Sec.  1003.208 and is not a building for the 

general conduct of government; or

    (2) The requirements in paragraph (b) of this section are met.

    (b) If the grantee determines, after consultation with affected 

citizens, that it is appropriate to change the use of the property to a 

use which does not qualify under paragraph (a)(1) of this section, it 

may retain or dispose of the property for the changed use if the 

grantee's ICDBG program is reimbursed in the amount of the current fair 

market value of the property, less any portion of the value attributable 

to expenditures of non-ICDBG funds for acquisition of, and improvements 

to, the property.

    (c) If the change of use occurs after program closeout, the proceeds 

from the disposition of the real property shall be used for activities 

which meet the eligibility requirements set forth in subpart C of this 

part and the primary objective set forth in Sec.  1003.208.

    (d) Following the reimbursement of the ICDBG program in accordance 

with paragraph (b) of this section, the property no longer will be 

subject to any ICDBG requirements.