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  <FDSYS>
    <CFRTITLE>24</CFRTITLE>
    <CFRTITLETEXT>Housing and Urban Development</CFRTITLETEXT>
    <VOL>3</VOL>
    <DATE>2003-04-01</DATE>
    <ORIGINALDATE>2003-04-01</ORIGINALDATE>
    <COVERONLY>false</COVERONLY>
    <TITLE>Grant term.</TITLE>
    <GRANULENUM>585.203</GRANULENUM>
    <HEADING>Section 585.203</HEADING>
    <ANCESTORS>
      <PARENT HEADING="Title 24" SEQ="5">Housing and Urban Development</PARENT>
      <PARENT HEADING="Subtitle B" SEQ="4">Regulations Relating to Housing and Urban Development (Continued)</PARENT>
      <PARENT HEADING="CHAPTER V" SEQ="3">OFFICE OF ASSISTANT SECRETARY FOR COMMUNITY PLANNING AND DEVELOPMENT, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT</PARENT>
      <PARENT HEADING="SUBCHAPTER C" SEQ="2">COMMUNITY FACILITIES</PARENT>
      <PARENT HEADING="PART 585" SEQ="1">YOUTHBUILD PROGRAM</PARENT>
      <PARENT HEADING="Subpart C" SEQ="0">Youthbuild Planning Grants</PARENT>
    </ANCESTORS>
  </FDSYS>
  <SECTION>
    <SECTNO>§ 585.203</SECTNO>
    <SUBJECT>Grant term.</SUBJECT>

    <P>Funds awarded for planning grants are expected to be used within 12 months of the effective date of the planning grant agreement. The award of a Youthbuild planning grant does not obligate HUD to fund the implementation of the program upon completion of the approved planning activities (unless the companion implementation grant was submitted as a <PRTPAGE P="266"/>combined application and funded in the implementation grant competition).</P>
  </SECTION>
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