SECTION 150:15-3-6. Additional available funds

Latest version.

(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.

[Source: 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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