Source: https://www.law.cornell.edu/cfr/text/24/92.218
Timestamp: 2018-05-25 01:33:14
Document Index: 501899869

Matched Legal Cases: ['art 92', '§ 92', '§ 92', '§ 92', '§ 92', '§ 92', '§ 92', '§ 92', '§ 12712', '§ 12713', '§ 12714', '§\u202f404', '§ 12721', '§ 12722', '§ 12723', '§ 12724', '§ 12725', '§ 12771', '§ 12772', '§ 12773', '§ 12774', '§ 12781', '§ 12782', '§ 12783', '§ 12784', '§ 12785', '§ 12801', '§ 12802', '§ 12803', '§ 12804', '§ 12805', '§ 12806', '§ 12807', '§ 12808', '§ 12809', '§ 12810', '§ 12821', '§ 12831', '§ 12832', '§ 12833', '§ 12834', '§ 12835', '§ 12836', '§ 12837', '§ 12839']

24 CFR 92.218 - Amount of matching contribution. | US Law | LII / Legal Information Institute
CFR › Title 24 › Subtitle A › Part 92 › Subpart E › Section 92.218
24 CFR 92.218 - Amount of matching contribution.
(a)General. Each participating jurisdiction must make contributions to housing that qualifies as affordable housing under the HOME program, throughout a fiscal year. The contributions must total not less than 25 percent of the funds drawn from the jurisdiction's HOME Investment Trust Fund Treasury account in that fiscal year, excluding funds drawn for purposes identified in paragraph (c) of this section.
(b)Shortfall amount from State or local resources. Amounts made available under § 92.102(b)(2) from the resources of a State (other than a transfer of the State's formula allocation), the local participating jurisdiction, or both, to enable the local participating jurisdiction to meet the participation threshold amount are not required to be matched and do not constitute matching contributions.
(c)HOME funds not required to be matched. HOME funds used for administrative and planning costs (pursuant to § 92.207); community housing development organization operating expenses (pursuant to § 92.208); capacity building (pursuant to § 92.300(b)) of community housing development organizations; and project specific assistance to community housing development organizations (pursuant to § 92.301) when the participating jurisdiction waives repayment under the provisions of § 92.301(a)(3) or § 92.301(b)(3) are not required to be matched.
(d)Match contribution for other programs. Contributions that have been or will be counted as satisfying a matching requirement of another Federal grant or award may not count as satisfying the matching contribution requirement for the HOME program.
§ 12712 - 5-year energy efficiency plan
§ 12713 - Eligibility under first-time homebuyer programs
§ 12714 - Repealed. Pub. L. 104–99, title IV, § 404(a), Jan. 26, 1996, 110 Stat. 44
§ 12721 - Findings
§ 12722 - Purposes
§ 12723 - Coordinated Federal support for housing strategies
§ 12724 - Authorization
§ 12725 - Notice
§ 12771 - Set-aside for community housing development organizations
§ 12772 - Project-specific assistance to community housing development organizations
§ 12773 - Housing education and organizational support
§ 12774 - Other requirements
§ 12781 - Authority
§ 12782 - Priorities for capacity development
§ 12783 - Conditions of contracts
§ 12784 - Research in housing affordability
§ 12785 - REACH: asset recycling information dissemination
§ 12801 - General authority
§ 12802 - Rental housing production
§ 12803 - Rental rehabilitation
§ 12804 - Rehabilitation loans
§ 12805 - Sweat equity model program
§ 12806 - Home repair services grants for older and disabled homeowners
§ 12807 - Low-income housing conservation and efficiency grant programs
§ 12808 - Second mortgage assistance for first-time homebuyers
§ 12809 - Rehabilitation of State and local government in rem properties
§ 12810 - Cost-saving building technologies and construction techniques
§ 12821 - Omitted
§ 12831 - Equal opportunity
§ 12832 - Nondiscrimination
§ 12833 - Audits by Comptroller General
§ 12834 - Uniform recordkeeping and reports to Congress
§ 12835 - Citizen participation
§ 12836 - Labor
§ 12837 - Interstate agreements
§ 12839 - Termination of existing housing programs
24 CFR 92.552 — Notice and Opportunity for Hearing; Sanctions.
24 CFR 92.610 — Program Requirements.
24 CFR 92.204 — Applicability of Requirements to Entities That Receive a Reallocation of HOME Funds, Other Than Participating Jurisdictions.
24 CFR 92.508 — Recordkeeping.
24 CFR 92.222 — Reduction of Matching Contribution Requirement.