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Prohibition on Use of Community Development Block Grant Assistance for Job-Pirating Activities

HUD · hud-cdbg · Published 2006-05-24 · Effective 2006-06-23 · 71 FR 30026

Document

Document number
06-4796
Federal Register citation
71 FR 30026
CFR reference
24 CFR 570
Type
Rule
Action
Final rule.
Category
hud-cdbg
Agency
US Department of Housing and Urban Development
Publication date
2006-05-24
Effective date
2006-06-23
Docket
Docket No. FR-4556-F-03

Abstract

On December 23, 2005, HUD published an interim rule implementing certain statutory changes by revising HUD's regulations for the Community Development Block Grant (CDBG) program. Specifically, the interim rule prohibited state and local governments from using CDBG funds for "job-pirating" activities that are likely to result in significant job loss. The rule also applied to section 108 loan guarantees and the use of Brownfields Economic Development Initiative and Economic Development Initiative funds with section 108 loan guarantees and CDBG funding. This final rule follows publication of the December 23, 2005, interim rule, and makes no changes at this final rule stage.

Source

Authoritative
Federal Register document
Machine
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