Proposed Rule Would Redefine Formula Areas for Block Grants

摘要

HUD has issued a proposed rule that would redefine formula areas for the distribution of Indian housing block grant (IHBG) funds to Native American and Alaska native tribes. The rule was published in the February 25 Federal Register, and comments are due April 26. The proposed changes reflect consensus decisions reached by HUD and tribal representatives under negotiated rulemaking procedures on ways to improve and clarify the IHBG program formula. The allocation formula under the Native American Housing Assistance and Self-Determination Act of 1996 (NAHASDA) is based on need as measured by two components, need and formula current assisted stock (FCAS).