24 CFR §93.54
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)HUD will reallocate under this section:
- (1)Any HTF funds available for reallocation because HUD reduced or recaptured funds from an HTF grantee under § 93.400(d) for failure to commit or expend the funds within the time specified, or under § 93.453 for failure to comply substantially with any provision of this part;
- (2)Any HTF funds reduced for failure by the grantee to obtain funds required to be reimbursed or returned under § 93.450; and
- (3)Any HTF funds remitted to HUD under § 93.403(b)(4) when a grantee ceases to be an HTF grantee for any reason.
- (b)Any reallocation of funds must be made only among all participating States, except those States from which the funds were recaptured or reduced.
- (c)Any amounts that become available for reallocation shall be added to amounts for formula allocation in the succeeding fiscal year.