A grant is on top of the recipient's formula allocation
What the document says“A covered grant awarded to an eligible entity shall be in addition to, and shall not affect, the formula allocation for the eligible entity under section 217.”
The new section 227 provides that a grant under the pilot program is in addition to, and does not affect, the recipient's formula allocation under section 217 of the Cranston-Gonzalez National Affordable Housing Act.
What the document actually says“A covered grant awarded to an eligible entity shall be in addition to, and shall not affect, the formula allocation for the eligible entity under section 217.”
The grant adds to what a place already gets. It does not change that other amount.
A formula allocation is money split by a set rule. Every place in the program gets some. This grant sits on top of that.
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