At least 25 grants a year, none over $10 million or under $250,000
What the document says“The Secretary shall make not fewer than 25 grants on an annual basis (unless amounts appropriated to provide grant amounts consistent with subsection (b) are insufficient, in which case fewer grants may be awarded), with strong consideration of different geographical areas and a relatively even spread of rural, suburban, and urban communities.”
The section requires at least 25 grants a year unless the money appropriated is not enough, with strong consideration of different geographic areas and a relatively even spread of rural, suburban, and urban communities. No grant may be more than $10,000,000 or less than $250,000.
What the document actually says“The Secretary shall make not fewer than 25 grants on an annual basis (unless amounts appropriated to provide grant amounts consistent with subsection (b) are insufficient, in which case fewer grants may be awarded), with strong consideration of different geographical areas and a relatively even spread of rural, suburban, and urban communities.”
At least 25 grants go out each year. Fewer may go out if the money runs short. The housing agency must spread them across the country. Country, suburb, and city places should get a fairly even share.
There is also a floor and a ceiling on each grant. The most is ten million dollars. The least is two hundred fifty thousand.
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