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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 24 - Housing and Urban Development |
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Subtitle B - Regulations Relating to Housing and Urban Development |
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Chapter V - Office of Assistant Secretary for Community Planning and Development, Department of Housing and Urban Development |
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SubChapter C - Community Facilities |
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Part 574 - Housing Opportunities for Persons With Aids |
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Subpart B - Formula Entitlements |
§ 574.190 - Reallocation of grant amounts.
Latest version.
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§ 574.190 Reallocation of grant amounts.
If an eligible State or qualifying city does not submit a consolidated plan in a timely fashion, in accordance with 24 CFR part 91, that provides for use of its allocation of funding under this part, the funds allocated to that jurisdiction will be added to the funds available for formula allocations to other jurisdictions in the current fiscal year. Any formula funds that become available as a result of deobligations or the imposition of sanctions as provided for in § 574.540 will be added to the funds available for formula allocations in the next fiscal year.
[57 FR 61740, Dec. 28, 1992, as amended at 60 FR 1918, Jan. 5, 1995]