Common use of Predevelopment Funds Clause in Contracts

Predevelopment Funds. Upon review and approval of the Choice Neighborhoods Budget as described in Article VI, HUD will make the approved predevelopment funds available to the Grantee for drawdown in LOCCS. The Grantee will ensure that the funds are expended in conformance with the HUD-approved Predevelopment Budget.

Appears in 4 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

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Predevelopment Funds. Upon review and approval of the Choice Neighborhoods Budget as described in Article VIthis Article, HUD will make the approved predevelopment funds available to the Grantee for drawdown in LOCCS. The Grantee will ensure that the funds are expended in conformance with the HUD-approved Predevelopment Budget.

Appears in 2 contracts

Samples: Grant Agreement, Grant Agreement

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Predevelopment Funds. Upon review and approval of the Choice Neighborhoods Budget Predevelopment Budget, as described in Article VIVII(C)(1), HUD will make the approved predevelopment funds available to the Grantee for drawdown in LOCCSdrawdown. The Grantee will ensure that the funds are expended in conformance with the HUD-approved Predevelopment Budget.

Appears in 1 contract

Samples: Grant Agreement

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