Code of Federal Regulations Title 24. Housing and Urban Development § 24.1003.102 Use of recaptured and unawarded funds

(a) The Assistant Secretary will determine on a case-by-case basis the use of grant funds which are:

(b) The recaptured or unawarded funds will remain with the Area ONAP to which they were originally allocated unless the Assistant Secretary determines that there is an overriding reason to redistribute these funds outside of the Area ONAP's jurisdiction. The recaptured funds may be used to fund the highest ranking unfunded project from the most recent funding competition, an imminent threat, or other uses. Unawarded funds may be used to fund an imminent threat or other uses.