---
kind: "section"
citation: "42 U.S.C. § 11342"
title: "42"
title_heading: "The Public Health and Welfare"
number: "11342"
heading: "Retention of interest earned"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/42/11342"
units:
  - "Chapter 119 — Homeless Assistance"
  - "Subchapter III — Federal Emergency Management Food and Shelter Program"
  - "Part B — Emergency Food and Shelter Grants"
---

# §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.


## Source credit

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