[Code of Federal Regulations] [Title 24, Volume 1] [Revised as of April 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 24CFR92.1] [Page 574-576] TITLE 24--HOUSING AND URBAN DEVELOPMENT PART 92_HOME INVESTMENT PARTNERSHIPS PROGRAM--Table of Contents Subpart A_General Sec. 92.1 Overview. Subpart A_General Sec. 92.1 Overview. 92.2 Definitions. [[Page 575]] 92.4 Waivers and suspension of requirements for disaster areas. Subpart B_Allocation Formula 92.50 Formula allocation. Insular Areas Program 92.60 Allocation amounts for insular areas. 92.61 Program description. 92.62 Review of program description and certifications. 92.63 Amendments to program description. 92.64 Applicability of requirements to insular areas. 92.65 Funding sanctions. 92.66 Reallocation. Subpart C_Consortia; Designation and Revocation of Designation as a Participating Jurisdiction 92.100 [Reserved] 92.101 Consortia. 92.102 Participation threshold amount. 92.103 Notification of intent to participate. 92.104 Submission of a consolidated plan. 92.105 Designation as a participating jurisdiction. 92.106 Continuous designation as a participating jurisdiction. 92.107 Revocation of designation as a participating jurisdiction. Subpart D_Submission Requirements 92.150 Submission requirements. Subpart E_Program Requirements 92.200 Private-public partnership. 92.201 Distribution of assistance. 92.202 Site and neighborhood standards. 92.203 Income determinations. 92.204 Applicability of requirements to entities that receive a reallocation of HOME funds, other than participating jurisdictions. Eligible and Prohibited Activities 92.205 Eligible activities: General. 92.206 Eligible project costs. 92.207 Eligible administrative and planning costs. 92.208 Eligible community housing development organization (CHDO) operating expense and capacity building costs. 92.209 Tenant-based rental assistance: Eligible costs and requirements. 92.212 Pre-award costs. 92.213 [Reserved] 92.214 Prohibited activities. 92.215 Limitation on jurisdictions under court order. Income Targeting 92.216 Income targeting: Tenant-based rental assistance and rental units. 92.217 Income targeting: Homeownership. Matching Contribution Requirement 92.218 Amount of matching contribution. 92.219 Recognition of matching contribution. 92.220 Form of matching contribution. 92.221 Match credit. 92.222 Reduction of matching contribution requirement. Subpart F_Project Requirements 92.250 Maximum per-unit subsidy amount and subsidy layering. 92.251 Property standards. 92.252 Qualification as affordable housing: Rental housing. 92.253 Tenant and participant protections. 92.254 Qualification as affordable housing: Homeownership. 92.255 Converting rental units to homeownership units for existing tenants. 92.256 [Reserved] 92.257 Faith-based activities. 92.258 Elder cottage housing opportunity (ECHO) units. Subpart G_Community Housing Development Organizations 92.300 Set-aside for community housing development organizations (CHDOs). 92.301 Project-specific assistance to community housing development organizations. 92.302 Housing education and organizational support. 92.303 Tenant participation plan. Subpart H_Other Federal Requirements 92.350 Other Federal requirements and nondiscrimination. 92.351 Affirmative marketing; minority outreach program. 92.352 Environmental review. 92.353 Displacement, relocation, and acquisition. 92.354 Labor. 92.355 Lead-based paint. 92.356 Conflict of interest. 92.357 Executive Order 12372. 92.358 Consultant activities. Subpart I_Technical Assistance 92.400 Coordinated Federal support for housing strategies. Subpart J_Reallocations 92.450 General. [[Page 576]] 92.451 Reallocation of HOME funds from a jurisdiction that is not designated a participating jurisdiction or has its designation revoked. 92.452 Reallocation of community housing development organization set- aside. 92.453 Competitive reallocations. 92.454 Reallocations by formula. Subpart K_Program Administration 92.500 The HOME Investment Trust Fund. 92.501 HOME Investment Partnership Agreement. 92.502 Program disbursement and information system. 92.503 Program income, repayments, and recaptured funds. 92.504 Participating jurisdiction responsibilities; written agreements; on-site inspections. 92.505 Applicability of uniform administrative requirements. 92.506 Audit. 92.507 Closeout. 92.508 Recordkeeping. 92.509 Performance reports. Subpart L_Performance Reviews and Sanctions 92.550 Performance reviews. 92.551 Corrective and remedial actions. 92.552 Notice and opportunity for hearing; sanctions. Subpart M_American Dream Downpayment Initiative 92.600 Purpose. 92.602 Eligible activities. 92.604 ADDI allocation formula. 92.606 Reallocations. 92.608 Consolidated plan. 92.610 Program requirements 92.612 Project requirements. 92.614 Other Federal requirements. 92.616 Program administration. 92.618 Performance reviews and sanctions. Authority: 42 U.S.C. 3535(d) and 12701-12839. Source: 61 FR 48750, Sept. 16, 1996, unless otherwise noted. This part implements the HOME Investment Partnerships Act (the HOME Investment Partnerships Program). In general, under the HOME Investment Partnerships Program, HUD allocates funds by formula among eligible State and local governments to strengthen public-private partnerships and to expand the supply of decent, safe, sanitary, and affordable housing, with primary attention to rental housing, for very low-income and low-income families. Generally, HOME funds must be matched by nonfederal resources. State and local governments that become participating jurisdictions may use HOME funds to carry out multi-year housing strategies through acquisition, rehabilitation, and new construction of housing, and tenant-based rental assistance. Participating jurisdictions may provide assistance in a number of eligible forms, including loans, advances, equity investments, interest subsidies and other forms of investment that HUD approves.