[Code of Federal Regulations]

[Title 24, Volume 1]

[Revised as of April 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 24CFR92.201]



[Page 602-603]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

PART 92_HOME INVESTMENT PARTNERSHIPS PROGRAM--Table of Contents

 

                     Subpart E_Program Requirements

 

Sec.  92.201  Distribution of assistance.



    (a) Local. (1) Each local participating jurisdiction must, insofar 

as is feasible, distribute HOME funds geographically within its 

boundaries and among different categories of housing need, according to 

the priorities of housing need identified in its approved consolidated 

plan.

    (2) The participating jurisdiction may only invest its HOME funds in 

eligible projects within its boundaries, or in joint projects within the 

boundaries of contiguous local jurisdictions which serve residents from 

both jurisdictions.

    (b) State. (1) Each State participating jurisdiction is responsible 

for distributing HOME funds throughout the State according to the 

State's assessment of the geographical distribution of the housing needs 

within the State, as identified in the State's approved consolidated 

plan. The State must distribute HOME funds to rural areas in amounts 

that take into account the non-metropolitan share of the State's total 

population and objective measures of rural housing need, such as poverty 

and substandard housing, as set forth in the State's approved 

consolidated plan. To the extent the need is within the boundaries of a 

participating unit of general local government, the State and the unit 

of general local government shall coordinate activities to address that 

need.

    (2) A State may carry out its own HOME program without active 

participation of units of general local government or may distribute 

HOME funds to units of general local government to carry out HOME 

programs in which both the State and all or some of the units of general 

local government perform specified program functions. A unit of general 

local government designated by a State to receive HOME funds from a 

State is a State recipient.

    (3)(i) A State that uses State recipients to perform program 

functions shall ensure that the State recipients use HOME funds in 

accordance with the requirements of this part and other applicable laws. 

The State may require the State recipient to comply with requirements 

established by the State or may permit the State recipient to establish 

its own requirements to comply with this part.

    (ii) The State shall conduct such reviews and audit of its State 

recipients as may be necessary or appropriate to determine whether the 

State recipient has committed and expended the HOME funds in the United 

States Treasury account as required by Sec.  92.500, and has met the 

requirements



[[Page 603]]



of this part, particularly eligible activities, income targeting, 

affordability, and matching contribution requirements.

    (4) A State and local participating jurisdiction may jointly fund a 

project within the boundaries of the local participating jurisdiction. 

The State may provide the HOME funds to the project or it may provide 

the HOME funds to the local participating jurisdiction to fund the 

project.

    (5) A State may fund projects on Indian reservations located within 

the State provided that the State includes Indian reservations in its 

consolidated plan.