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A New Federal Program Administered by the U

Question 35

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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.


A) project
B) venture
C) market
D) formula
E) investment

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