Sec. 430. MATCHING FUNDING
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## SEC. 430 MATCHING FUNDING **[**[42 U.S.C. 11386d](/us/usc/t42/s11386d)**]** ###
(a)In General A collaborative applicant in a geographic area in which funds are awarded under this subtitle shall specify contributions from any source other than a grant awarded under this subtitle, including renewal funding of projects assisted under subtitles C, D, and F of this title as in effect before the effective date under section 1503 of the Homeless Emergency Assistance and Rapid Transition to Housing Act of 200919, that shall be made available in the geographic area in an amount equal to not less than 25 percent of the funds provided to recipients in the geographic area, except that grants for leasing shall not be subject to any match requirement. 19Sections 1503 and 1504 of title V of division B of Public Law 111–22 read as follows: SEC. 1503. **[**[42 U.S.C. 11302 note](/us/usc/t42/s11302)**]** EFFECTIVE DATE. Except as specifically provided otherwise in this division, this division and the amendments made by this division shall take effect on, and shall apply beginning on—
(1)the expiration of the 18-month period beginning on the date of the enactment of this division, or
(2)the expiration of the 3-month period beginning upon publication by the Secretary of Housing and Urban Development of final regulations pursuant to section 1504, whichever occurs first. SEC. 1504. **[**42 U.S.C. 11301 note**]** REGULATIONS.
(a)In General.—Not later than 12 months after the date of the enactment of this division, the Secretary of Housing and Urban Development shall promulgate regulations governing the operation of the programs that are created or modified by this division.
(b)Effective Date.—This section shall take effect on the date of the enactment of this division. ###
(b)Limitations on In-Kind Match The cash value of services provided to the residents or clients of a project sponsor by an entity other than the project sponsor may count toward the contributions in subsection
(a)only when documented by a memorandum of understanding between the project sponsor and the other entity that such services will be provided. ###
(c)Countable Activities The contributions required under subsection
(a)may consist of— ####
(1)funding for any eligible activity described under section 423; and ####
(2)subject to subsection (b), in-kind provision of services of any eligible activity described under section 423.
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- Pub. L. 111-22
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