Get the free FAQs #2 – FY 2014 CDBG Applications - sandiego

This document provides answers to frequently asked questions regarding the CDBG application process for fiscal year 2014, addressing eligibility, funding requirements, compliance, and reporting obligations

How to fill out faqs 2 fy 2014

How to fill out FAQs #2 – FY 2014 CDBG Applications

1. Read the FAQ document thoroughly to understand the context and requirements.
2. Identify the specific sections that relate to the CDBG application process.
3. Follow the instructions provided for each question listed in the FAQs.
4. Provide clear and concise answers to each of the FAQ questions.
5. Gather any necessary supporting documentation that may be required.
6. Ensure that all responses are accurate and in compliance with the guidelines provided.
7. Review your answers for completeness and clarity before submission.

Who needs FAQs #2 – FY 2014 CDBG Applications?

1. Local government officials and staff responsible for managing CDBG applications.
2. Community organizations seeking funding through the CDBG program.
3. Potential applicants who need guidance on the application process.
4. Stakeholders interested in understanding the criteria for CDBG funding.

People Also Ask about

What does the CDBG community development block grant offer funding for?

The Community Development Block Grant (CDBG) Program provides annual grants on a formula basis to states, cities, and counties to develop viable urban communities by providing decent housing and a suitable living environment, and by expanding economic opportunities, principally for low- and moderate-income persons.

Do you have to pay back non-profit grants?

Unlike loans, grants don't have to be paid back, which can provide much-needed flexibility for organizations. Once a nonprofit receives a grant, they are more likely to receive grants from others, as their reliability and dependability have been established.

Do you have to pay back a CDBG grant after?

If CDBG funds are spent, but the project is not finished within a reasonable period of time, HUD will determine that no National Objective was met and will require that all funds expended be repaid out of non-federal dollars.

Do you have to pay back a CDBG grant?

Repayments are CDBG funds that a grantee must repay when funds are disbursed for an ineligible activity. Prior to making a repayment, grantees must consult with their local HUD Field Office to determine the procedure to be followed.

Can CDBG loans be forgiven?

The loan is forgiven incrementally, such as forgiving one-fifth of the loan each year over five (5) years until the end of the repayment term. At the end of the repayment term, the repayment amount is reduced to zero, and the recipient has paid a total of zero dollars.

How long to keep CDBG records?

HCD Grantees are required to retain CDBG-DR and/or CDBG-NDR records for a period of not less than five years after the fiscal year of their grant or three years after the closeout of the grant from HUD, whichever is longer. HCD will notify Grantees when the HUD grant has been closed.

What is the difference between CDBG-DR and CDBG MIT?

The administration of CDBG-DR involves collaborative efforts among HUD, state and local governments, and community stakeholders. CDBG-MIT emphasizes proactive measures for long-term mitigation, seeking to enhance community resilience and reduce the impact of future disasters.

For pdfFiller’s FAQs

What is FAQs #2 – FY 2014 CDBG Applications?

FAQs #2 – FY 2014 CDBG Applications refers to a set of frequently asked questions that provide guidance on the application process for the Community Development Block Grant program for the fiscal year 2014.

Who is required to file FAQs #2 – FY 2014 CDBG Applications?

Entities that are applying for Community Development Block Grant funding for the fiscal year 2014 are required to refer to and file the relevant information outlined in FAQs #2.

How to fill out FAQs #2 – FY 2014 CDBG Applications?

To fill out FAQs #2 – FY 2014 CDBG Applications, applicants should carefully read the questions and instructions provided, ensure they provide accurate and complete information, and submit the form in accordance with the guidelines.

What is the purpose of FAQs #2 – FY 2014 CDBG Applications?

The purpose of FAQs #2 – FY 2014 CDBG Applications is to assist applicants in understanding the requirements and processes involved in applying for Community Development Block Grant funding.

What information must be reported on FAQs #2 – FY 2014 CDBG Applications?

The information that must be reported on FAQs #2 – FY 2014 CDBG Applications includes project details, funding requests, eligible activities, and any other data requested by the application guidelines.