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§92.66. Reallocation. — Inbound Citations

24 C.F.R. § 92.66

Cited by 1 regulation in release Current.

Citations to 24 U.S.C. § 92.66 as a whole

  • (d) If funds reserved for the insular areas are available because HUD has decreased the amount for one or more insular areas in accordance with paragraphs (b) or (c) of this section, or for any other reason, HUD may increase the allocation amount for one or more of the remaining insular areas based upon the insular area's performance in committing HOME funds within the 24 month deadline, producing housing units described in its program description, and meeting HOME program requirements. Funds that become available but which are not used to increase the allocation amount for one or more of the remaining insular areas will be reallocated in accordance with § 92.66.