HUD formally closes out grants when a project is completed and they receive a final report. Recipients must submit all reports required by HUD no later than 90 days from the date of the end of the project’s grant term (§ 578.109(b)).
If HUD does not receive final report within 355 days from the grant expiration date, HUD will close the grant out. More details regarding grant closeout procedures are described in the OMB Super Circular at 2 CFR § 200.343.
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