{"data":{"id":"us/24-cfr-92.107","jurisdiction":"us","citation":"24 CFR 92.107","heading":"Revocation of designation as a participating jurisdiction.","body":"HUD may revoke a jurisdiction's designation as a participating jurisdiction if:\n(a) HUD finds, after reasonable notice and opportunity for hearing as provided in § 92.552(b) that the jurisdiction is unwilling or unable to carry out the provisions of this part, including failure to meet matching contribution requirements; or\n(b) The jurisdiction's formula allocation falls below $750,000 (or below $500,000 in fiscal years in which Congress appropriates less than $1.5 billion for this part) for three consecutive years, below $625,000 (or below $410,000 in fiscal years in which Congress appropriates less than $1.5 billion for this part) for two consecutive years, or the jurisdiction does not receive a formula allocation in any one year.\n(c) When HUD revokes a participating jurisdiction's designation as a participating jurisdiction, HUD will reallocate any remaining funds in the jurisdiction's HOME Investment Trust Fund established under § 92.500 in accordance with § 92.451.","path":["Title 24—Housing and Urban Development","Subtitle A—Office of the Secretary, Department of Housing and Urban Development","PART 92—HOME INVESTMENT PARTNERSHIPS PROGRAM","Subpart C—Consortia; Designation and Revocation of Designation as a Participating Jurisdiction"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-24.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:55Z","sha256":"4b1293f7eccb2e6d4b6f12b7808bd1d847bcc7670d502ce32e04fc3f71071cc6","source_id":"us-cfr","stale":true,"prev":"us/24-cfr-92.106","next":"us/24-cfr-92.150"},"notice":"GroundRules: Original legal text. Not legal advice."}
