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Code · CFR · Title 24 — Housing and Urban Development · Part 92 — Home Investment Partnerships Program · § 92.103

§ 92.103. Notification of intent to participate.

158 words·~1 min read·/us/cfr/t24/s§ 92.103·

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(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 § 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.
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§ 92.103
Notification of intent to participate.
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