[Code of Federal Regulations]

[Title 24, Volume 3]

[Revised as of April 1, 2005]

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

[CITE: 24CFR574.200]



[Page 204-205]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

  CHAPTER V--OFFICE OF ASSISTANT SECRETARY FOR COMMUNITY PLANNING AND 

        DEVELOPMENT, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

 

PART 574_HOUSING OPPORTUNITIES FOR PERSONS WITH AIDS--Table of Contents

 

                      Subpart C_Competitive Grants

 

Sec.  574.200  Amounts available for competitive grants.





    (a) The Department will set aside 10 percent of the amounts 

appropriated under this program to fund on a competitive basis:

    (1) Special projects of national significance; and

    (2) Other projects submitted by States and localities that do not 

qualify for formula grants.

    (b) Any competitively awarded funds that become available as a 

result of deobligations or the imposition of sanctions, as provided in 

Sec.  574.540, will be added to the funds available for competitive 

grants in the next fiscal year.

    (c) The competitive grants are awarded based on applications, as 

described in subpart C of this part, submitted in



[[Page 205]]



response to a Notice of Funding Availability published in the Federal 

Register. All States and units of general local government and nonprofit 

organizations are eligible to apply for competitive grants to fund 

projects of national significance. Only those States and units of 

general local government that do not qualify for formula allocations are 

eligible to apply for competitive grants to fund other projects.

    (d) If HUD makes a procedural error in a funding competition that, 

when corrected, would warrant funding of an otherwise eligible 

application, HUD will select that application for potential funding when 

sufficient funds become available.



[57 FR 61740, Dec. 28, 1992, as amended at 61 FR 7963, Feb. 29, 1996]