24 CFR 92.452 - Reallocation of community housing development organization set-aside.

Regulations last checked for updates: May 19, 2024

Title 24 - Housing and Urban Development last revised: May 07, 2024

View all text of Subpart J [§ 92.450 - § 92.454]

§ 92.452 - Reallocation of community housing development organization set-aside.

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.

authority: 42 U.S.C. 3535(d) and 12701—12839, 12 U.S.C. 1701x.

source: 61 FR 48750, Sept. 16, 1996, unless otherwise noted.

cite as: 24 CFR 92.452