CDBG Timeliness and Best Practices to Achieve Timely Performance

Описание к видео CDBG Timeliness and Best Practices to Achieve Timely Performance

This video explains the timely expenditure and distribution requirements of the CDBG program and how timely expenditure of funds contributes to grantees' overall performance. Viewers will learn how the timeliness calculation works, with a particular focus on the components of the calculation and how program income factors into it, and how to apply the calculation in managing CDBG grant funds. It also describes common challenges grantees face in adhering to the CDBG timeliness requirements, what triggers HUD's compliance process and the consequences for untimeliness. The video concludes with best practices for proactively managing CDBG grant funds to avoid being untimely.

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