Skip to content

PART 92—HOME INVESTMENT PARTNERSHIPS PROGRAM›Subpart C—Consortia; Designation and Revocation of Designation as a Participating Jurisdiction

§ 92.102 Participation threshold amount.

24 C.F.R. Part 92 — HOME Investment Partnerships Program · 2026 edition · updated 2026-07-29 · United States

(a) To be eligible to become a participating jurisdiction, a unit of general local government must have a formula allocation under § 92.50 that is equal to or greater than $750,000; or

(b) If a unit of general local government's formula allocation is less than $750,000, HUD must find:

(1) The unit of general local government has a local PHA and has demonstrated a capacity to carry out the provisions of this part, as evidenced by satisfactory performance under one or more HUD-administered programs that provide assistance for activities comparable to the eligible activities under this part; and

(2) The State has authorized HUD to transfer to the unit of general local government a portion of the State's allocation or the State, the unit of general local government, or both, has made available its own resources such that the sum of the amounts transferred or made available are equal to or greater than the difference between the unit of general local government's formula allocation and $750,000.

(c) In fiscal years in which Congress appropriates less than $1.5 billion for this part, $500,000 is substituted for $750,000 each time it appears in this section.

Get a plain-English answer with a citation back to this text.

Ask AI about this code
▸ Contents — 24 C.F.R. Part 92 — HOME Investment Partnerships Program
24 C.F.R. Part 92 — HOME Investment Partnerships Program
  1. 24 C.F.R. Part 92 — HOME Investment Partnerships Program
  2. ▸ PART 92—HOME INVESTMENT PARTNERSHIPS PROGRAM
    Overview
    1. Subpart A—General
    2. Subpart B—Allocation Formula
    3. Insular Areas Program
    4. ▸ Subpart C—Consortia; Designation and Revocation of Designation…
      Overview
      1. § 92.100 [Reserved]
      2. § 92.101 Consortia.
      3. § 92.102 Participation threshold amount.
      4. § 92.103 Notification of intent to participate.
      5. § 92.104 Submission of a consolidated plan.
      6. § 92.105 Designation as a participating jurisdiction.
      7. § 92.106 Continuous designation as a participating jurisdiction.
      8. § 92.107 Revocation of designation as a participating jurisdic…
    5. Subpart D—Submission Requirements
    6. Subpart E—Program Requirements
    7. Eligible and Prohibited Activities
    8. Income Targeting
    9. Matching Contribution Requirement
    10. Subpart F—Project Requirements
    11. Subpart G—Community Housing Development Organizations
    12. Subpart H—Other Federal Requirements
    13. Subpart I—Technical Assistance
    14. Subpart J—Reallocations
    15. Subpart K—Program Administration
    16. Subpart L—Performance Reviews and Sanctions

GoCodebook provides public access, search, citation, multilingual explanation, and practical interpretation of legally adopted building regulations. It is not a substitute for the official ICC or California code publications.