§92.450. General.
24 C.F.R. § 92.450
This subpart J sets out the conditions under which HUD reallocates HOME funds that have been allocated, reserved, or placed in a HOME Investment Trust Fund.
A jurisdiction that is not a participating jurisdiction but is meeting the requirements of §§ 92.102, 92.103, and 92.104, (participation threshold, notice of intent, and submission of consolidated plan) is treated as a participating jurisdiction for purposes of receiving a reallocation under subpart J of this part.
Notes, amendments, and revision history
Authority
Authority: 42 U.S.C. 3535(d) and 12701—12839, 12 U.S.C. 1701x.
Source
Source: 61 FR 48750, Sept. 16, 1996, unless otherwise noted.