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Code · BILL · 115th Congress · H.R. 3160 (Introduced in House) — To transform neighborhoods of extreme poverty by reforming the public housing demolition and disposition rules to req... · Sec. 313

Sec. 313. Withdrawal of funding

120 words·~1 min read·/bill/115/hr/3160/ih/section-313

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If a grantee under this title does not proceed within a reasonable timeframe in implementing its transformation plan or does not otherwise comply with the requirements of this title and the grant agreement, as determined by the Secretary, the Secretary may withdraw any grant amounts under this title that have not been obligated by the grantee. The Secretary may redistribute any withdrawn amounts to one or more other eligible entities capable of proceeding expeditiously in the same locality in carrying out the transformation plan of the original grantee, or as such plan may be modified and approved by the Secretary, or, if that is not feasible, to one or more other applicants that has already received assistance under this title.
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