Glossary of CPD Terms - D
These are some terms that are specifically related to HUD's Office of Community Planning and Development (CPD) programs or functions.
means a promissory note or other obligation issued by a public entity or its designated public agency and guaranteed by HUD under this subpart, or a trust certificate or other obligation offered by HUD or by a trust or other offeror approved for purposes of this subpart by HUD which is guaranteed by HUD under this subpart and is based on and backed by a trust or pool composed of notes or other obligations issued by public entities or their designated public agencies and guaranteed or eligible for guarantee by HUD under this subpart.
Monetary benefits, called disability compensation, are paid to veterans who are disabled by injury or disease incurred or aggravated during active duty military service. Monetary benefits are related to the residual effects of the injury or disease. The benefits, which are not subject to Federal or State income tax, are set by Congress.
Disaster Recovery Assistance
HUD provides flexible grants to help cities, counties, and States recover from Presidentially declared disasters, especially in low-income areas, subject to availability of supplemental appropriations.