[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: 24CFR92.103]

[Page 588]
 
                 TITLE 24--HOUSING AND URBAN DEVELOPMENT
 
PART 92_HOME INVESTMENT PARTNERSHIPS PROGRAM--Table of Contents
 
  Subpart C_Consortia; Designation and Revocation of Designation as a 
                       Participating Jurisdiction
 
Sec. 92.103  Notification of intent to participate.

    (a) Not later than 30 days after receiving notice of its formula 
allocation amount, a jurisdiction must notify HUD in writing of its 
intention to become a participating jurisdiction.
    (b) A unit of general local government that has a formula allocation 
of less than $750,000, or less than $500,000 in fiscal years in which 
Congress appropriates less than $1.5 billion for this part, must submit, 
with its notice, one or more of the following, as appropriate, as 
evidence that it has met the threshold allocation requirements in Sec. 
92.102(b):
    (1) Authorization from the State to transfer a portion of its 
allocation to the unit of general local government;
    (2) A letter from the governor or designee indicating that the 
required funds have been approved and budgeted for the unit of general 
local government;
    (3) A letter from the chief executive officer of the unit of general 
local government indicating that the required funds have been approved 
and budgeted.