Do you need a refresher on how the Community Development Block Grant (CDBG) timeliness calculation works and how program income factors into it? Do you know what triggers HUD's compliance process if your program fails to meet the timely performance standard?
In this video, you will learn why it's important to adhere to the timely expenditure and distribution requirements of the CDBG program, how to correctly apply the timeliness calculation when administering CDBG grant funds, and best practices for proactively managing CDBG grant funds to avoid being untimely.
View the CDBG Timeliness and Best Practices to Achieve Timely Performance video.
To learn more about the CDBG program, check out the full collection of Explore CDBG technical assistance products and project profiles. Here you will find many resources to help grantees and community development professionals use CDBG funds to design and implement successful projects for transformative impact in your community.
Also, be sure to visit the CDBG Project Profiles Website to learn about how your peers in other communities are using the CDBG program to invest in their communities in innovative ways. We want to hear from you too! Tell us about the great work you are doing in your community, the difference you make, and how you do it. Send us your story today.