CDBG Funds definition
Examples of CDBG Funds in a sentence
The use of CDBG Funds to reimburse for reasonable and allowable administrative expenses is governed by HUD and the MSF and is described in detail throughout the GAM.
This Application is for the use of federal Community Development Block Grant (CDBG) Funds through the State of Illinois� Department of Commerce and Economic Opportunity (DCEO), Office of Community Development.
Accordingly, Subrecipient agrees and acknowledges that it is considered a subrecipient of CDBG funds and, in performing services under this Contract, is subject to, and shall comply with, the federal law and regulations governing subrecipients of CDBG Funds, including but not limited to the limitations on the use of CDBG Funds.
CDBG Funds can be used only for payment of the federal portion of such audit.
Community Development Block Grant (CDBG) Funds Through the CDBG program, the federal Department of Housing and Urban Development (HUD) provides funds to local governments for funding a wide range of community development activities for low income persons.