A detailed look at the challenges and opportunities created by the Obligation IFR
The Interim Final Rule from the U.S. Department of Treasury amends the definition of “obligation”, outlines key guidelines, and extends deadlines. These changes present both opportunities and challenges for grant managers.
To help you best understand how you’ll be affected, download this Explainer. You’ll gain insights into:
- The new definition of “obligation”
- Costs covered by SLFRF funds
- Key obligation deadlines (including what you’ll need to do by April 2024)
- Implications for subrecipients and contractors
- What this means for grant managers
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