Grant money may have to be returned if the designs are not adopted in five years
What the document says“The Secretary may require an eligible entity to return to the Secretary any grant funds received under this section if the selected prereviewed designs submitted under this section have not been adopted”
The section lets the Secretary require an eligible entity to return grant funds if the prereviewed designs it selected have not been adopted within the five years after it received the grant, unless the Secretary extends that period.
What the document actually says“The Secretary may require an eligible entity to return to the Secretary any grant funds received under this section if the selected prereviewed designs submitted under this section have not been adopted”
The housing agency may ask for the money back. That can happen when the picked plans are not taken up.
The town has five years to put the plans to use. The housing agency can give it longer. If nothing happens, the money can be pulled back.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.