Sec. 05.04.13.10. Allocation of Funds

A. The Department may reserve a portion of Program funding for projects that are also receiving funding through the Department's Housing Development Programs.

B. Program funds may not be used in jurisdictions that receive HUD funds to operate a lead abatement program, unless the project meets one of the following criteria:

(1) The following requirements are in connection with the project:

(a) Either the jurisdiction has committed all of its HUD lead abatement funds, or the project is ineligible for HUD lead abatement funding from that jurisdiction, and

(b) Program funding for that jurisdiction, including funding for the applicant's project, may not exceed $500,000, unless the Secretary determines the need for project funding is exceptional;

(2) The project previously received funding or mortgage insurance through the Department and the property is in need of lead abatement; or

(3) The project meets the criteria of Regulation .04G of this chapter.