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 that provides funding for a specific project or program. In this case, the federal program is providing funding for local plans to provide housing assistance for low-income families. The funding is allocated on a competitive basis, which is another characteristic of a project grant.

A New Federal Program Administered by the U