Can operating costs be used for building security when less than 50% of the building is paid for with grant funds?

Date Published: January 2014

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No. In order for building security to be an eligible operating cost under the CoC Program, more than 50% of the units or building area must be paid for with grant funds. If 50% or less of the units or building area is paid for with grant funds, even if the building is used 100% for housing for the homeless, then no costs for building security may be charged to the CoC Program grant. Note: this also means that any funds used on building security may not count as match for the grant since the cost would not have been eligible to be paid with grant funds.

Tags: CoC Program Requirements - Eligible Costs