IDIS FAQ
Q

When an activity is completed, what happens to the funds that have been committed but not expended?

Date Published: April 2017

Print ShareThis

A

When the status of an activity is changed to ‘Completed’, any undrawn funds that have been committed to the activity through the Activity Funding option are released, and the funded amount is adjusted to equal the drawn amount. The balance of funds become available to commit as the same fund type, unless the commitment date for the HOME funds has passed. In that case, the balance of funds not used by the commitment deadline are deobligated by HUD.


Tags: IDIS Funding/Drawdown - Add/Edit Activity Funding

FAQ ID:

1864