Programs must be coordinated and unfinished work repaid on a prorated basis
What the document says“(ii) if repairs are not completed and the plan for whole-home repairs is not updated to reflect the new scope of work, that the loan or grant is repaid on a prorated basis based on completed work; and (iii) any unused grant or loan balance is returned to the implementing organization”
An implementing organization must weigh the money it gives against other federal, State, Tribal, and local home repair programs to avoid duplicate benefits, must require that funded repairs be completed, must require repayment on a prorated basis where they are not and the plan is not updated, and must require unused balances to be returned and reused for a new grant or loan.
What the document actually says“(ii) if repairs are not completed and the plan for whole-home repairs is not updated to reflect the new scope of work, that the loan or grant is repaid on a prorated basis based on completed work; and (iii) any unused grant or loan balance is returned to the implementing organization”
Sometimes repairs are not finished and the plan is not changed. Then part of the money must be paid back. How much depends on the work that was done. Money left over goes back too.
Prorated means split in line with how much was done. Half the work means half the money is kept. The rest returns and helps somebody else.
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