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Increase the supply of housing in AmericaSection 504 › Proposal

A grant may be suspended and a written report is required for missed thresholds

To increase the supply of housing in America, and for other purposes, section 504, Sec. 504. Written by .

A grant may be suspended and a written report is required for missed thresholds

The document says “canWho acts: Secretary of Housing and Urban DevelopmentHow: statuteSec. 504 in the PDF
What the document says

“If a grantee under this section fails to meet 1 or more critical performance targets under paragraph (2), the Secretary may temporarily suspend the grant.”

To increase the supply of housing in America, and for other purposes, Sec. 504

The new section 124 lets the Secretary temporarily suspend a grant where a grantee misses one or more critical performance targets, and requires the Secretary to give the grantee a performance improvement plan setting out what is needed to lift the suspension within a defined period. A grantee that misses the spending thresholds must send a written report to the Secretary, the appropriate committees of Congress, and each member of Congress representing its district or State, identifying the technical capacity, funding, or federal or State obstacles behind the shortfall.

What the document actually says

“If a grantee under this section fails to meet 1 or more critical performance targets under paragraph (2), the Secretary may temporarily suspend the grant.”

To increase the supply of housing in America, and for other purposes, Sec. 504
That sentence, in plain words

The housing agency may pause a grant. It may do so when a place misses one of the key targets.

What this is about

With the pause comes a plan to fix things. A place that misses its spending mark must also write a report. That report goes to Congress as well.

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