Cut-Off Date to Drawdown FY 2009 HUD Grant Funds

On September 15, HUD sent out an email reminding recipients of HUD funds that FY 2009 grant funds are expiring at the end of this month. Grantees must submit drawdown approvals for these funds by September 16, 2016. The email also notes that “[f]or other funds not approaching expiration, grantees can continue to enter draw down requests to September 28th and the draw will be processed before HUD’s accounting system closes. If a disbursement is received by the Line of Credit Control System (LOCCS) (directly, or via IDIS or DRGR) after September 28th, the request will not be processed until HUD’s accounting system is reopened. HUD’s accounting system is expected to reopen in early October.”