24 CFR 92.501 - HOME Investment Partnership Agreement.

Regulations last checked for updates: Nov 22, 2024

Title 24 - Housing and Urban Development last revised: Nov 13, 2024

View all text of Subpart K [§ 92.500 - § 92.509]

§ 92.501 - HOME Investment Partnership Agreement.

Allocated and reallocated funds will be made available pursuant to a HOME Investment Partnership Agreement. The agreement ensures that HOME funds invested in affordable housing are repayable if the housing ceases to qualify as affordable housing before the period of affordability expires.

authority: 42 U.S.C. 3535(d) and 12701—12839, 12 U.S.C. 1701x.

source: 61 FR 48750, Sept. 16, 1996, unless otherwise noted.

cite as: 24 CFR 92.501