What are the deadlines for grantees to expend funds? What happens if funds are not expended by the deadlines?

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What are the deadlines for grantees to expend funds? What happens if funds are not expended by the deadlines?

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Per the HPRP Notice, each grantee must draw down 60 percent of its HPRP grant funds within 2 years of the date that HUD signed the grant agreement, and must expend 100 percent of its funds within 3 years of this date. The HPRP Notice also specified that HUD may re …

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