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Question

What is a grant agreement?

Answer

A grant agreement, also known as a subrecipient agreement, is a legal, binding agreement between the City as the Grantee and the the Subrecipient.  US Department of Housing and Urban Development CDBG regulations (24 CFR 570.503) require that grantees have written agreements in effect for each Subrecipient before CDBG funds can be used.