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The CDBG program was enacted in 1974 by President Gerald Ford through the Housing and Community Development Act of 1974 and took effect in January 1975. Most directly, the law was a response to the Nixon administration's 1973 funding moratorium on many Department of Housing and Urban Development (HUD) programs. [1]
The Housing and Community Development Act of 1974 (12 U.S.C. 1706e) is a United States federal law that, among other provisions, amended the Housing Act of 1937 to create Section 8 housing, [1] authorizes "Entitlement Communities Grants" to be awarded by the United States Department of Housing and Urban Development, and created the National Institute of Building Sciences. [2]
Efficiency is gained through demand responsive allocation of resources, reduced corruption and misuse of resources, lower costs and better cost recovery, better quality and maintenance, greater utilization of resources, and the community's willingness to pay for goods and services. Good governance is promoted by greater transparency ...
In the United States, federal assistance, also known as federal aid, federal benefits, or federal funds, is defined as any federal program, project, service, or activity provided by the federal government that directly assists domestic governments, organizations, or individuals in the areas of education, health, public safety, public welfare, and public works, among others.
Unallowable costs are those the government prohibits incurring for federal assistance. Certain cost items are considered universally unallowable, such as cost related to illegal activities and lobbying costs, but others may be considered unallowable for a type of recipient while being allowable for another type of recipient.
Today's term: cost-benefit analysis. Most of us are familiar with the term, and have a basic grasp of it. It refers to how a project or decision might be evaluated, comparing its costs with its ...
Risk is analyzed in many ways, such as technological maturity, manufacturing capacity, quality standards, manufacturing design, material and supply chain capacity, interoperability, operational survival, aggressiveness of the schedule, cost reasonableness, among many others. Each MOE and capability may carry an associated risk.
In 2010, 127 universities subsidized more than half of all costs incurred by their athletics department. In 2014, only five of those institutions had managed to boost outside revenue beyond 50 percent. The Biggest Donors. On campus, views are mixed about what constitutes a reasonable subsidy, and whether students should foot the bill.