Cdbg operating expenses
WebCDBG funds may be used to pay for labor, supplies, and material as well as to operate and/or maintain the portion of a facility in which the public service is located. This … Web10 rows · Date Published: October 2024. A. Each CDBG project must be an eligible activity and meet a national objective. Acquisition of real property, demolition and disposition are …
Cdbg operating expenses
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WebCosts associated with the operation of programs for the homeless or for AIDS patients, such as staff costs, utilities, maintenance, and insurance. Because payment of operating … Webas a valuable resource for program administrators implementing Community Development Block Grant (CDBG) funded projects and for those contemplating applying for CDBG funds. The on-line version of the manual contains the latest information provided by the Division to assist CDBG grantees in complying with state and federal requirements.
WebFeb 28, 2024 · If in any given year the annual cash-flow is greater than 10% of total operating expenses and it remains above 10%, it is assumed the cash generated from the government assistance is greater than is necessary to make the project feasible. ... Pursuant to the Housing and Community Development Act of 1992 (Pub. L. 102-550, approved … WebCDBG funds cannot be used for maintenance, repair or operating costs. Ineligible activities include: Buildings for the general conduct of government; General Government Expenses (i.e., maintenance, repair, operating costs, etc.) Political and Religious Activities; Subsistence Payments
WebOperational costs are expenses a nonprofit incurs — whether it is actively generating a product or service or not generating one at all. Essentially, operating expenses are the "keep the lights on" costs of the nonprofit world . These include: Literally keeping the lights on — meaning electricity and other utilities. Rent. Web(2) Operating and maintenance expenses. The general rule is that any expense associated with repairing, operating or maintaining public facilities, improvements and …
WebThe State CDBG Operating Instructions for FY 1993 (CPD Notice 9307) included some - ... Local administrative expenses not related to community development. 2. Any activity that cannot be documented as meeting a technical assistance need. ... State Community Development Block Grant Program Page G-4 . Conclusion. This is not meant to be an …
WebFor example, the use of CDBG funds to pay the allocable costs of operating and maintaining a facility used in providing a public service would be eligible under § 570.201 (e), even if no other costs of providing such a service are assisted with such funds. … teresa 155WebFor example, the use of CDBG funds to pay the allocable costs of operating and maintaining a facility used in providing a public service would be eligible under § 570.201(e), even if no other costs of providing such a service are assisted with such funds. Examples of ineligible operating and maintenance expenses are: teresa 16 dilWebFor purposes of the CDBG program, “income payments” means a series of subsistence-type grant payments made to an individual or family for items such as food, clothing, housing (rent or mortgage), or utilities, but excludes emergency grant payments made over a period of up to three consecutive months to the provider of such items or services on … teresa 160WebThe Public Service Grant (PSG) Program addresses community and business resource needs by providing funding for operating expenses, equipment, and program materials for activities which will benefit low/moderate income (LMI) persons. teresa 1796WebCDBG funds may be used for acquisition of property for an eligible rental housing project. CDBG may also be used to rehabilitate rental housing. In Rem housing--CDBG funds may also be used to make essential repairs and payment of operating expenses needed to maintain the habitability of housing units acquired through tax teresa 16WebA CDBG local program or project may consist of one or more of these activities. Every expenditure of CDBG funds must correlate to one of the eligible activities listed in the regulation. As the funding is limited, the State makes a determination annually of the types of projects it will fund. teresa 18WebIn Rem housing--CDBG funds may also be used to make essential repairs and payment of operating expenses needed to maintain the habitability of housing units acquired through tax foreclosure proceedings in order to prevent abandonment and deterioration of such housing in primarily LMI neighborhoods. teresa 1658