CDBG-DR Toolkit: Financial Management
grantees must ensure their financial management systems are in compliance with local, state and federal requirements. This involves updating existing financial policies, and oftentimes developing new policies. To prevent misspending or mishandling CDBG-DR funding, it’s important that grantees review their existing financial management policies or develop new policies and standard operating procedures (SOPs) before spending any funds. For example, grantees must… Read more
