Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 24 - Housing and Urban Development |
Subtitle B - Regulations Relating to Housing and Urban Development |
Chapter V - Office of Assistant Secretary for Community Planning and Development, Department of Housing and Urban Development |
SubChapter C - Community Facilities |
Part 570 - Community Development Block Grants |
Subpart G - Urban Development Action Grants |
§ 570.450 - Purpose.
Latest version.
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§ 570.450 Purpose.
The purpose of urban development action grants is to assist cities and urban counties that are experiencing severe economic distress to help stimulate economic development activity needed to aid in economic recovery. This subpart G contains those regulations that are essential for the continued operation of this grant program.
[61 FR 11476, Mar. 20, 1996]