[Code of Federal Regulations]

[Title 24, Volume 4]

[Revised as of April 1, 2006]

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

[CITE: 24CFR954.1]



[Page 405]

 

                 TITLE 24--HOUSING AND URBAN DEVELOPMENT

 

CHAPTER IX--OFFICE OF ASSISTANT SECRETARY FOR PUBLIC AND INDIAN HOUSING, 

               DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

 

PART 954_INDIAN HOME PROGRAM--Table of Contents

 

                      Subpart A_General Provisions

 

Sec.  954.1  Overview.









                      Subpart A_General Provisions



Sec.

954.1 Overview.

954.2 Definitions.

954.3 Waivers.

954.4 Other Federal requirements.



                    Subpart B_Applying for Assistance



954.100 General.

954.101 Allocation of funds.

954.102 Eligible applicants.

954.103 Housing strategy.

954.104 Performance thresholds.

954.105 Criteria for selection.

954.106 Announcement of competition.

954.107 Grant conditions.

954.108 Project amendment.



             Subpart C_Eligible Activities and Affordability



954.300 Eligible activities.

954.301 Faith-based activities.

954.302 Income determinations.

954.303 Eligible project costs.

954.304 Eligible administrative costs.

954.305 Tenant-based rental assistance.

954.306 Rental housing: qualification as affordable housing and income 

          targeting.

954.307 Homeownership: qualification as affordable housing.

954.308 Prohibited activities.



                     Subpart D_Project Requirements



954.400 Maximum per-unit subsidy amount.

954.401 Property standards.

954.402 Tenant and participant protections.



                    Subpart E_Program Administration



954.500 Repayment of investment.

954.501 Grantee responsibilities; written agreements; monitoring.

954.502 Applicability of uniform administrative requirements.

954.503 Audit.

954.504 Closeout.

954.505 Recordkeeping.

954.506 Performance reports.

954.507 Submission of project completion reports.



               Subpart F_Performance Reviews and Sanctions



954.600 Performance reviews.

954.601 Corrective and remedial actions.

954.602 Notice and opportunity for hearing; sanctions.



    Authority: 42 U.S.C. 3535(d) and 12701-12839.



    Source: 61 FR 32223, June 21, 1996, unless otherwise noted.







    This part implements the Indian HOME Investment Partnerships 

Program. In general, under the Indian HOME Investment Partnerships 

Program, HUD awards funds competitively to eligible applicants to 

provide more affordable housing. Grantees may use HOME funds to carry 

out projects through acquisition, rehabilitation, and new construction 

of housing, and tenant-based rental assistance. Grantees are able to 

provide assistance in a number of eligible forms, including loans, 

advances, equity investments, interest subsidies and other forms of 

investment that HUD approves.