The Regional Account (RA)
85% of the annual allocation from HUD is distributed to the four rural COGs primarily by population and poverty statistics.
SEAGO must develop a Method of Distribution (MOD).
SEAGO's Responsibilities
- Ensuring all applications meet a National Objective.
- Ensuring each project is eligible.
- Ensuring the total of all funds requested is consistent with the MOD and not exceeding the funds available.
- Ensuring each application is complete.
- Finalizing all applications so they are consistent.
Currently per the MOD, all communities rotate. There is no competition for Regional funds.
- That means they can plan years ahead.