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14.256
Neighborhood stabilization through acquisition and rehabilitation, land banking, disposition, or demolition of abandoned and foreclosed residential property. Also, to develop viable urban communities, by providing decent housing and a suitable living environment, and by expanding economic opportunities, principally for persons of low and moderate income.
This chart shows obligations for the program by fiscal year. All data for this chart was provided by the
administering agency and sourced from SAM.gov, USASpending.gov, and Treasury.gov.
For more information on each of these data sources, please see the
About the data page.
Eligible activities include creation of financing mechanisms to stimulate recovery of foreclosed homes for productive use; housing acquisition, rehabilitation, demolition, and redevelopment; and demolition of blighted properties.
Eligible activities include creation of financing mechanisms to stimulate recovery of foreclosed homes for productive use; housing acquisition, rehabilitation, demolition, and redevelopment; and demolition of blighted properties.
Single Audit Applies (2 CFR Part 200 Subpart F):
For additional information on single audit requirements for this program, review the current Compliance Supplement.
OMB is working with the U.S. Government Accountability Office (GAO) and agency offices of inspectors general to include links to relevant oversight reports. This section will be updated once this information is made available.
