[Code of Federal Regulations]
[Title 24, Volume 3]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 24CFR599.301]

[Page 320]
 
                 TITLE 24--HOUSING AND URBAN DEVELOPMENT
 
  CHAPTER V--OFFICE OF ASSISTANT SECRETARY FOR COMMUNITY PLANNING AND 
        DEVELOPMENT, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
 
PART 599_RENEWAL COMMUNITIES--Table of Contents
 
   Subpart D_Evaluation of Applications Nominating Renewal Communities
 
Sec. 599.301  Initial determination of threshold requirements.


    (a) Two threshold requirements. Before rating and ranking an 
application, HUD will review it to determine if the application meets 
both of the following thresholds:
    (1) Eligibility of the nominated area. This threshold is met if HUD 
determines that the nominated area as identified in the application 
meets all of the area eligibility requirements of subpart B of this 
part.
    (2) Adequacy of State and local commitments. This threshold is met 
if HUD determines that the documents in the application evidencing 
compliance with the required State and local commitments meet all of the 
course of action and economic growth promotion requirements of Sec. 
599.107.
    (b) Failure to meet threshold requirements--(1) No rating or 
ranking. An application that does not meet both of the threshold 
requirements by the application due date specified in the published 
notice inviting applications will not be rated or ranked for further 
Renewal Community consideration.
    (2) Opportunity to correct failure. HUD will notify an applicant of 
the threshold deficiencies in its application. An applicant may submit 
additional information and take any other action required to correct the 
deficiencies and meet the threshold requirements until the due date for 
applications specified in the published notice inviting applications.