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Tuesday, December 1, 2009

Q&A: We know that HPRP assistance cannot be provided to properties owned by either the lead agency or a sub-contractor but does that apply cross-regionally?

From HUD Financial Assistance Document:

An assisted property may not be owned by the grantee, subgrantee, or the parent, subsidiary or affiliated organization of the subgrantee.

It appears that it is acceptable cross-regionally unless the requesting program has any connection as stated above. By that statement, it also appears acceptable within region as long as there is no connection as stated above.

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