[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: 24CFR599.403]

[Page 321]
 
                 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 E_Selection of Nominated Areas To Be Renewal Communities
 
Sec. 599.403  Number of Renewal Communities to be designated.

    (a) In general. Except as provided in paragraph (b) of this section, 
the total number of Renewal Communities to be designated and the 
distribution of designations between urban and rural areas are as 
follows:
    (1) Total number. The total number of nominated areas to be selected 
for designation as Renewal Communities is 40.
    (2) Rural areas. HUD will select at least 12 rural areas for 
designation as Renewal Communities. If HUD does not receive at least 12 
eligible rural area applications for Renewal Community designation, the 
number of rural area designations will be the number of eligible rural 
area applications received by HUD.
    (3) Urban areas. The number of urban areas selected for designation 
as Renewal Communities will be the number remaining after subtracting 
the number of rural areas selected from 40.
    (b) Less than 40 eligible applications. If HUD receives fewer than 
40 eligible applications nominating areas, the total number of nominated 
areas to be selected for designation as Renewal Communities will be the 
total number of eligible applications.