24 CFR 570.450
§ 570.450 Purpose.
United States · 24 CFR — Housing and Urban Development · Status: effective
Cite this
- Citation
- 24 CFR 570.450, § 570.450 Purpose, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/100807
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Full text
The purpose of urban development action grants is to assist cities and urban counties that are experiencing severe economic distress to help stimulate economic development activity needed to aid in economic recovery. This subpart G contains those regulations that are essential for the continued operation of this grant program.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.