§92.452. Reallocation of community housing development organization set-aside.
24 C.F.R. § 92.452
HUD will reallocate, under this section, any HOME funds reduced or recaptured by HUD from a participating jurisdiction's HOME Investment Trust Fund under § 92.300(d). HUD will reallocate these funds by competition in accordance with criteria in § 92.453 to other participating jurisdictions for affordable housing developed, sponsored, or owned by community housing development organizations.
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.