[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: 24CFR583.145]



[Page 254-255]

 

                 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 B_Assistance Provided

 

Sec.  583.145  Matching requirements.



    (a) General. The recipient must match the funds provided by HUD for



[[Page 255]]



grants for acquisition, rehabilitation, and new construction with an 

equal amount of funds from other sources.

    (b) Cash resources. The matching funds must be cash resources 

provided to the project by one or more of the following: the recipient, 

the Federal government, State and local governments, and private 

resources.

    (c) Maintenance of effort. State or local government funds used in 

the matching contribution are subject to the maintenance of effort 

requirements described at Sec.  583.150(a).