
Kimberly Rash
48:55 - 49:27
"at any time we provide HUD funding, whether it's a contract or grant agreement, and the use of it changes, so if it's a land acquisition, the use changes, the grantee or the contractor is required to pay the entity who provided the funds back. The funding, the full amount."
“at any time we provide HUD funding, whether it's a contract or grant agreement, and the use of it changes, so if it's a land acquisition, the use changes, the grantee or the contractor is required to pay the entity who provided the funds back. The funding, the full amount.”
[FOREIGN LANGUAGE] Go back to the beginning of the slide. Back to the beginning of the slide, yeah, please. One thing to note while they're going back is that at any time we provide HUD funding, whether it's a contract or grant agreement, and the use of it changes, so if it's a land acquisition, the use changes, the grantee or the contractor is required to pay the entity who provided the funds back. The funding, the full amount. So there's just that note as well.
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