A new federal program administered by the U.S.Department of Housing and Urban Development allows the governments of cities with a population over 250,000 to submit proposals outlining local plans to provide housing assistance for low-income families.The federal agency then evaluates the proposals and allocates funds on a competitive basis.This kind of funding program would best be classified as a(n) __________ grant.

Question

Quizplus · Accepted Answer

A project grant is a type of grant funding that is awarded to a specific project or program rather than an institution or individual. In this case, the federal program is providing funding to cities for specific housing assistance projects aimed at low-income families.

A New Federal Program Administered by the U