These monthly reports assist grantees and HUD Field Offices in monitoring compliance with the 2-year commitment requirement of the Housing Trust Fund (HTF) statute and the 5-year expenditure requirement of the HTF regulations.
The HTF regulation at § 93.400(d)(1) and (2) states that HUD will reduce or recapture funds in the HTF Treasury account by the amount of any fiscal year grant funds that are not committed within 24 months and any fiscal year grant funds that are not expended within 5 years after the date of HUD's execution of the HTF grant agreement.
Please contact your local CPD Field Office regarding any questions about these reports.
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