[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: 24CFR954.506]



[Page 428]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

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

               DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

 

PART 954_INDIAN HOME PROGRAM--Table of Contents

 

                    Subpart E_Program Administration

 

Sec.  954.506  Performance reports.



    (a) Management reports. Each grantee must submit management reports 

on its HOME program in such format and at such time as HUD may 

prescribe. Each grantee must submit a ``Financial Status Report,'' SF-

269A, short form, at the same time it submits the Semi-Annual 

Performance Report, described below. A separate ``Financial Status 

Report'' is to be submitted for each Indian HOME program grant that the 

grantee has received.

    (b) Semi-Annual performance report--(1) Submission. A grantee must 

submit a semi-annual performance report on its HOME activities to the 

responsible Area ONAP at such time as HUD may prescribe. Single copies 

of the report must be provided to the public upon request at no charge.

    (2) Elements of the semi-annual performance report. The report must 

contain such information and be in such form as HUD may prescribe, and 

must include at least the following:

    (i) A report on the proposed use of HOME funds from the grant 

application, consisting of the number of additional housing 

opportunities to be created for low-income and very low-income families, 

by project category (housing rehabilitation, acquisition of housing, new 

housing construction, and tenant-based rental assistance);

    (ii) A report on the actual use of HOME funds, consisting of the 

number of additional housing opportunities created for low-income and 

very low-income families, by project category (housing rehabilitation, 

acquisition of housing, new housing construction, and tenant-based 

rental assistance). This includes a report on project income and 

includes data on the amount of repayments, interest, and other return on 

investment of HOME funds and the use of the funds for projects, 

including number of projects assisted, and characteristics of tenants 

and owners;

    (iii) An assessment of the effectiveness of the efforts in providing 

the preferences and opportunities under section 7(b) of the Indian Self-

Determination and Education Assistance Act (25 U.S.C. 450e(b)); and

    (iv) Data on the total number of households (families and 

individuals) and business and nonprofit organizations displaced as a 

result of investments of HOME funds, including the cost of relocation 

payments (moving expenses and replacement housing), and the number and 

cost of real property acquisitions.



(Approved by the Office of Management and Budget under OMB control 

number 2577-0191)