Grant recipients can request
extension funds if their grant term ends on or before December 31, 2013 and
they will completely run out of money by that date. Owners should submit
requests to field staff 120 days before their grant completely runs out of
money.
This year HUD is providing a 2.1%
increase over last year’s grant amount. For example, if a grantee
received $50,000 in FY 2012, they are then eligible to receive up to $51,050
($50,000 x 1.021 = $51,050).
Please note that Service
Coordinator grantees must use any available residual
receipts prior to receiving additional grant funds. Residual receipts may
be used to cover Service Coordinator program expenses prior to using them to
offset HAP payments for new regulation projects.



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