24 CFR § 570.450 - Purpose.

---
identifier: "/us/cfr/t24/s570.450"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "24 CFR § 570.450 - Purpose."
title_number: 24
title_name: "Housing and Urban Development"
section_number: "570.450"
section_name: "Purpose."
chapter_name: "OFFICE OF ASSISTANT SECRETARY FOR COMMUNITY PLANNING AND DEVELOPMENT, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT"
subchapter_number: "C"
subchapter_name: "COMMUNITY FACILITIES"
part_number: "570"
part_name: "COMMUNITY DEVELOPMENT BLOCK GRANTS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1701x, 1701 x-1; 42 U.S.C. 3535(d) and 5301-5320."
regulatory_source: "40 FR 24693, June 9, 1975, unless otherwise noted."
cfr_part: "570"
---


# 570.450 Purpose.

The purpose of urban development action grants is to assist cities and urban counties that are experiencing severe economic distress to help stimulate economic development activity needed to aid in economic recovery. This subpart G contains those regulations that are essential for the continued operation of this grant program.

[61 FR 11476, Mar. 20, 1996]