How should the RHF funds be spread in LOCCS, and when? Are some dollars available automatically (like CFP), with the balance held back until a development proposal is approved?
A7. RHF grants should be spread in BLI 1499, or 1492 if the PHA is an MTW Demonstration Block-Grant Participant. (FY 2005 RHF grants were recently spread like regular CFP grants in error.) Pre-development costs, limited to the amounts established at 24 CFR 941.302, that are approved by the Field Office, can be available to a PHA. RHF funds may not be drawn down and placed in an interest-bearing account. Please place all RHF grants in LOCCS on auto-review to better monitor the use of RHF funds. Q8. The processing notice requires that development proposals are due by year 5 for the first 5-year increment, and by year 7 for the second 5-year increment. Given that all the terms are driven now by project, not by PHA, will the 5 and 7 year deadlines be applicable by project, instead of PHA-wide? A8. Development proposals remain due by year 5 for first increment grants and year 7 for second increment grants. Since the RHF grants are currently provided as a single grant by fiscal year instead
Related Questions
- How should the RHF funds be spread in LOCCS, and when? Are some dollars available automatically (like CFP), with the balance held back until a development proposal is approved?
- Can state grant funds be used for planning, development and operations on greenspace lands?
- What happens if my Declining Balance Meal Plan funds or Flex Dollars are running low?
