CDBG definition

CDBG means community development block grant.

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CDBG means Community Development Block Grant program.

CDBG means a grant guided by Title I of the Housing and Community Development Act of 1974, as amended and those regulations set forth in 24 CFR Part 570, Subpart I, as may be amended from time to time and all other applicable Federal and State regulations and laws and assurances signed by Recipient at the time the Recipient's Application was submitted.

Examples of CDBG in a sentence

• If a community has had notice for more than a year that an area has been identified by the Federal Emergency Management Agency (FEMA) as having special flood hazards, the Contractor agrees that CDBG funds cannot be spent for acquisition or construction purposes in the area unless the community is participating in the National Flood Insurance Program and such insurance has been purchased for the properties in question.

• A General Information Notice should be sent to any active residents as soon as is feasible at the time of submission of the initial application for CDBG funds.

• This project does not immediately trigger the environmental requirement to maintain flood insurance for the CDBG assisted property.

• Real or personal property purchased in whole or in part with CDBG funds shall not be disposed through sale, use, or location without the written permission of the City and/or HUD as applicable.

• Any Program Income, as that term is defined by 24 C.F.R. § 570.500, that is received by Subrecipient prior to grant close-out will be used to offset payment due in an amount directly proportional to the prorated share of CDBG Funds used as set forth in 24 C.F.R. § 570.504.

More Definitions of CDBG

CDBG means the Community Development Block Grant Program, funded pursuant to Title I of the Housing and Community Development Act of 1974 (42 USC 5301, et seq.).

CDBG means the community development block grant nonentitlement program, the grant program authorized by Title I of the Housing and Community Development Act of 1974, for counties and cities, except those designated by HUD as entitlement areas.

CDBG has the meaning set forth in Paragraph C of the Recitals.

CDBG means the Community Development Block Grant Program.

CDBG means the community development block grant program, authorized by Title I of the Housing and Community Development Act of 1974, as amended as of February 28, 2009.

CDBG means the Community Development Block Grant program as created by the Act.

CDBG means the Community Development Block Grant Program of Palm Beach County.