24 CFR 1000.418
§ 1000.418 Can grant funds be used to pay costs incurred when issuing notes or other obligations?
United States · 24 CFR — Housing and Urban Development · Status: effective
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- Citation
- 24 CFR 1000.418, § 1000.418 Can grant funds be used to pay costs incurred when issuing notes or other obligations?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/102525
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Full text
Yes. Other costs that can be paid using grant funds include but are not limited to the costs of servicing and trust administration, and other costs associated with financing of debt obligations.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.