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PART II PROGRAM INCOME/RECAPTURED FUNDS PLAN A. DEFINITIONS & GUIDANCE The HOME program is authorized by Title 11 of the Cranston-Gonzalez National Affordable Housing Act, as amended (42 U.S.C. 12701
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Part II Program Income Recaptured refers to the funds received as a result of activities funded by federal programs that need to be repaid.
Entities or organizations that have received federal funding for programs and activities are required to file Part II Program Income Recaptured.
Part II Program Income Recaptured should be filled out by providing detailed information about the funds received, the programs or activities funded, and any repayments made.
The purpose of Part II Program Income Recaptured is to ensure transparency and accountability in the use of federal funds and to track any repayments that may be required.
Information such as the amount of funds received, the source of funding, the programs or activities funded, any repayments made, and any other relevant details must be reported on Part II Program Income Recaptured.
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