Oklahoma Administrative Code
Title 150 - Oklahoma Department of Commerce
Chapter 15 - Small Cities Community Development Block Grant Program
Subchapter 3 - Funds
Section 150:15-3-6 - Additional available funds
Universal Citation: OK Admin Code 150:15-3-6
Current through Vol. 42, No. 1, September 16, 2024
(a) Annually, funds for Small Cities community development Block grant programs may become available as the result of:
(1) Project
cancellations;
(2) Projects
completed under original cost estimates;
(3) Deobligated funds;
(4) Funds allocated but not utilized;
or,
(5) Other
circumstances.
(b) In keeping with the annual State Plan/Final Statement as approved by HUD, the Department shall allocate these funds, based on need:
(1) As to timing or expenditure;
(2) Amount of funds available for re-use;
and,
(3) The most appropriate use
of these funds.
Amended at 13 Ok Reg 703, eff 8-21-95 (emergency); Amended at 13 Ok Reg 2347, eff 6-27-96
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