HUD Community Development Grants

Updated on: Apr 8, 2025

Latest Event


  • Apr. 2025 HUD Extension of Comment Period
  • On Apr. 4, 2025, HUD published 30-day notice of revised information collection re the CBDG entitlement program, in order to allow comments from all interested parties.
  • Comments on revised information collection are due by May 5, 2025.

On Oct. 15, HUD proposed revision to collection re performance report

  • HUD proposed revisions to Community development block grant (CBDG) entitlement program collection; identifies burden associated with information grantees report.
  • Proposed Revisions
  • Among reports grantees now submit in IDIS is PR 29, Cash on hand quarterly report.
  • Report is conversion of SF-425; federal financial report, grantees submitted, but with addition of data related to local account repayment receipt funds, revolving loan funds.
  • As new form, included in collection for first time, also being presented for OMB review.
  • Grantees required to prepare, submit Consolidated annual performance and evaluation reports, demonstrate progress grantees make in carrying out CDBG-assisted activities.
  • Consultation
  • Comments due by Dec. 16, 2024.
  • Apr. 2025 HUD Extension of Comment Period
  • On Apr. 4, 2025, HUD published 30-day notice of revised information collection re the CBDG entitlement program, in order to allow comments from all interested parties.
  • Comments on revised information collection are due by May 5, 2025.
Regulators
HUD
Entity Types
Bank; MG Orig; Servicer; Thrift
Reference
90 FR 14850, 4/4/2025; 89 FR 83039, 10/15/2024; FR-7082-N-11; OMB 2506-0077;
Functions
Compliance; Financial; Legal; Operations; Reporting; Treasury
Countries
United States of America
Category
State
N/A
Products
Banking; Loan; Mortgage
Rule Type
Proposed
Regions
Am
Rule Date
Oct 15, 2024
Effective Date
May 5, 2025
Rule ID
229759
Linked to
N/A
Reg. Last Update
Apr 4, 2025
Report Section
US Investment