Title 42, The Public Health and WelfareRelease 119-102
§11342 Retention of Interest Earned
Title 42 › CHAPTER 119 — HOMELESS ASSISTANCE › SUBCHAPTER III — FEDERAL EMERGENCY MANAGEMENT FOOD AND SHELTER PROGRAM › Part B — Emergency Food and Shelter Grants › § 11342
Summary
Interest earned on the balance of any grant given to the National Board can be used by the National Board for reallocation. The National Board must figure its total administrative costs from all money it has, including that interest and any private donations.
Full Legal Text
Title 42, §11342
The Public Health and Welfare, Source: USLM XML via OLRC
Interest accrued on the balance of any grant to the National Board shall be available to the National Board for reallocation, and total administrative costs shall be determined based on total amount of funds available, including interest and any private contributions that are made to the National Board.
Reference
Citations & Metadata
Citation
42 U.S.C. § 11342
Title 42, The Public Health and Welfare
Last Updated
Aug 21, 2026
Release point: 119-102