[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: 24CFR92.217]



[Page 613]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

PART 92_HOME INVESTMENT PARTNERSHIPS PROGRAM--Table of Contents

 

                     Subpart E_Program Requirements

 

Sec.  92.217  Income targeting: Homeownership.



    Each participating jurisdiction must invest HOME funds made 

available during a fiscal year so that with respect to homeownership 

assistance, 100 percent of these funds are invested in dwelling units 

that are occupied by households that qualify as low-income families.



[67 FR 61756, Oct. 1, 2002]



                    Matching Contribution Requirement