§ 583.305 Term of commitment; repayment of grants; prevention of undue benefits.
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Title 24 CFR: 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 › Subpart D: Program Requirements › § 583.305: § 583.305 Term of commitment; repayment of grants; prevention of undue benefits.
Text
(a)
Term of commitment and conversion.
Recipients must agree to operate the housing or provide supportive services in accordance with this part and with sections 423 (b)(1) and (b)(3) of the McKinney Act (42 U.S.C. 11383(b)(1), 11383(b)(3)).
(b)
Repayment of grant and prevention of undue benefits.
In accordance with section 423(c) of the McKinney Act (42 U.S.C. 11383(c)), HUD will require recipients to repay the grant unless HUD has authorized conversion of the project under section 423(b)(3) of the McKinney Act (42 U.S.C. 11383(b)(3)).
[61 FR 51176, Sept. 30, 1996]
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