California Code of Regulations
Title 25 - Housing and Community Development
Division 1 - Housing and Community Development
Chapter 7 - Department of Housing and Community Development Programs
Subchapter 12.5 - Homelessness Prevention and Rapid RE-Housing Program
Section 7980.2 - Drawdown of Funds and Financial Management

Universal Citation: 25 CA Code of Regs 7980.2

Current through Register 2024 Notice Reg. No. 38, September 20, 2024

(a) Requests for drawdown of grant amounts shall be made in a format provided by the department requesting the following information:

(1) Subgrantee identification, grant number, and contact information.

(2) List of budget activities, approved budget amount, amounts previously drawn down, and requested draw amount.

(3) Certification by an authorized representative of the subgrantee that the request is in accordance with the terms of the approved Standard Agreement.

(b) A subgrantee may request a cash advance as permitted under the HUD Notice. The Department shall not approve such requests unless all special conditions to disbursement described in the Standard Agreement have been met and an expenditure detail for any prior advance has been submitted to the Department.

(c) Subgrantees shall be bound by expenditure requirements set forth in the HUD Notice.

1. New section filed 1-26-2011; operative 2-25-2011 (Register 2011, No. 4).

Note: Authority cited: Sections 50406(h), 50406(i), 50406(n) and 50407, Health and Safety Code. Reference: Public Law 111-5 (American Recovery and Reinvestment Act of 2009), Division. A, Title XII.

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