Fed. Reg. 57949 (September 26, 2014)). 231. (a) Establishment of fund There is hereby established in the Treasury of the United States a fund to be known as HUD HAG Fund (in this section referred to as the Fund ). (b) Credits to fund (1) Future transfers Unobligated balances of recaptured funds (except for amounts necessary for grant amount corrections) appropriated by any Act in this or any subsequent fiscal year under the account for Department of Housing and Urban Development—Community Planning and Development—Homeless Assistance Grants (in this section referred to as the HAG account ) shall be transferred into the Fund. (2) Rescission and availability of fiscal year 2018 amounts Of any amounts appropriated under the HAG account by the Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2018 (division L of Public Law 115–141 ), 90 percent of any balances remaining unobligated as of September 1, 2020, are hereby rescinded, and an amount of additional new budget authority equivalent to the amount rescinded is hereby appropriated and shall be transferred to the Fund. (c) Purposes Amounts transferred to the Fund shall be available until expended, and in addition to such other funds as may be available for such purposes, only for the following purposes: (1) For grants under the Continuum of Care program under subtitle C of title IV of the McKinney-Vento Homeless Assistance Act ( 42 U.S.C. 11381 et seq.). (2) For grants under the Emergency Solutions Grant program under subtitle B of title IV of such Act ( 42 U.S.C. 11371 et seq.). (3) Not less than 10 percent of amounts transferred to the Fund shall be used only for grants, as established and determined by the Secretary, in rural areas. (4) Not less than 10 percent of amounts transferred to the Fund shall be used for grants, as established and determined by the Secretary, only pursuant to the declaration of a major disaster under the Robert T. Stafford Disaster Relief and Emergency Assistance Act ( 42 U.S.C. 5121 et seq.) in the