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Date Published: August 2013
This document provides HUD guidance on the provision of CDBG-DR assistance to homeowners and businesses that have declined loan assistance by the SBA. It also provides examples of how grantees may incorporate this guidance into their recovery programs.
This guidance is limited to declined SBA loans and does not address cases when homeowners or businesses have accepted an SBA loan, which are covered under the general prohibition in the November 2011 Federal Register notice.