CDBG definition

CDBG means community development block grant.

CDBG means Community Development Block Grant program.

CDBG means Community Development Block Grant.

Examples of CDBG in a sentence

• Title to all nonexpendable property (nonexpendable property is property other than real property that costs more than $1,000.00 and has a useful life which exceeds one year) acquired by Grantee in whole or in part with funds (including WIA, WIOA, CDBG, and General Fund, unless prohibited by the source) provided under this Agreement, shall vest immediately in City for the purpose of securing Xxxxxxx's performance under this Agreement, unless City notifies Grantee to the contrary.

• Per 24 CFR 570.502(a)(8), in all cases when equipment purchased with CDBG funds is sold, the net proceeds are considered program income and shall be returned to the LEAD AGENCY within 30 days of receipt of the proceeds.

• Under Section 101(c) of the authorizing Act (42 U.S.C. 5301), all CDBG- DR Activities must satisfy one of the named National Objectives.

• The Subrecipient must comply with HUD’s requirements for duplication of benefits, imposed by Federal Register notice on OHCS, which are published in a separate notice entitled ‘‘Updates to Duplication of Benefits Requirements Under the Xxxxxxxx Act for Community Development Block Grant (CDBG) Disaster Recovery Grantees’’ (84 FR 28836, published June 20, 2019).

• This staff member is most likely responsible for overseeing accounting actions such as accounts receivable, accounts payable, project budget setup, or encumbering the CDBG-DR dollars within the Subrecipient’s financial management system and/or fiscal year (FY) obligations of CDBG- DR dollars to the project/activity governed by this Agreement.

More Definitions of CDBG

CDBG means the Community Development Block Grant Program, funded pursuant to Title I of the Housing and Community Development Act of 1974 (42 USC 5301, et seq.).

CDBG means a grant guided by Title I of the Housing and Community Development Act of 1974, as amended and those regulations set forth in 24 CFR Part 570, Subpart I, as may be amended from time to time and all other applicable Federal and State regulations and laws and assurances signed by Recipient at the time the Recipient's Application was submitted.

CDBG means the community development block grant nonentitlement program, the grant program authorized by Title I of the Housing and Community Development Act of 1974, for counties and cities, except those designated by HUD as entitlement areas.

CDBG means the United States Department of Housing and Urban Development, Community Development Block Grant.

CDBG has the meaning set forth in Paragraph C of the Recitals.

CDBG means the community development block grant program, authorized by Title I of the Housing and Community Development Act of 1974, as amended as of February 28, 2009.

CDBG means the Community Development Block Grant program as created by the Act.