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Is there a time limit for a Subrecipient to spend CDBG funding?

cdbg funding limit spend subrecipient time
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Is there a time limit for a Subrecipient to spend CDBG funding?

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The City of Fayetteville requires that approved funds should be committed by September 15th of the program year funds are awarded. This ensures that the City’s CDBG funds are spent in a timely manner.

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