Applications were due to HUD on May 18, 2009. Once the grant agreements
are signed by HUD, this starts the clock for expenditure deadlines. Grant
agreements with sub-grantees needed to be signed by September 30, 2009. Within two
years from the date HUD signed the grant agreement, 60 percent of funds drawn
must be issued to a third party, and within three years 100 percent must be
drawn.
HUD.GOV's Homelessness Prevention and Rapid Re-housing Program Page