42 USC § 11342 - Retention of interest earned

---
identifier: "/us/usc/t42/s11342"
source: "usc"
legal_status: "official_prima_facie"
title: "42 USC § 11342 - Retention of interest earned"
title_number: 42
title_name: "THE PUBLIC HEALTH AND WELFARE"
section_number: "11342"
section_name: "Retention of interest earned"
chapter_number: 119
chapter_name: "HOMELESS ASSISTANCE"
subchapter_number: "III"
subchapter_name: "FEDERAL EMERGENCY MANAGEMENT FOOD AND SHELTER PROGRAM"
part_number: "B"
part_name: "Emergency Food and Shelter Grants"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 100–77, title III, § 312, July 22, 1987, 101 Stat. 492.)"
---


# § 11342. Retention of interest earned

Interest accrued on the balance of any grant to the National Board shall be available to the National Board for reallocation, and total administrative costs shall be determined based on total amount of funds available, including interest and any private contributions that are made to the National Board.

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**Source Credit**: (Pub. L. 100–77, title III, § 312, July 22, 1987, 101 Stat. 492.)