SECTION 330:55-3-6. Reallocation of additional program funds

Latest version.

(a)   Annually, additional funds for HOME Program projects may become available as the result of:
(1)   Project cancellations;
(2)   Projects completed under original cost estimates;
(3)   Funds allocated but not utilized; or,
(4)   Other circumstances.
(b)   In keeping with the Annual Program Description, OHFA shall reallocate these funds based on the amount of funds available and the reallocation plan described in the Annual Program Description.

[Source: Added at 16 Ok Reg 539, eff 11-17-98 (emergency); Added at 16 Ok Reg 2906, eff 7-12-99]

                    
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