Community Development Block Grants
Sub-Title:
Reporting on Compliance with Limit on Funds Used for Administration Can Be ImprovedAuthor:
William B. ShearPublisher:
DIANE Publishing CompanyPublication Date:
05-12-2013ISBN:
9781457845802Pages:
36Subjects:
EconomicsAvailable as:
Paperback, 9781457845802Description:
The Community Development Block Grant (CDBG) program is the federal government’s principal community development program. In FY 2012, Congress provided CDBG with approximately $3 billion for activities such as housing, economic development, and neighborhood revitalization. While a provision reducing the amount grantees can use for administration was considered but not enacted, this report examined grantees’ use of administrative funds up to the allowed 20% of program funds. It discusses (1) the types of activities subject to the 20% limit and grantees’ use of their administrative funds; (2) trends in funds available to grantees for CDBG administration and the impact of these trends on grantees’ administrative spending; and (3) HUD’s reporting on compliance with the limit. Tables and figures. This is a print on demand report.
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