[Code of Federal Regulations]
[Title 24, Volume 1]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 24CFR92.550]

[Page 637]
 
                 TITLE 24--HOUSING AND URBAN DEVELOPMENT
 
PART 92_HOME INVESTMENT PARTNERSHIPS PROGRAM--Table of Contents
 
               Subpart L_Performance Reviews and Sanctions
 
Sec. 92.550  Performance reviews.


    (a) General. HUD will review the performance of each participating 
jurisdiction in carrying out its responsibilities under this part 
whenever determined necessary by HUD, but at least annually. In 
conducting performance reviews, HUD will rely primarily on information 
obtained from the participating jurisdiction's and, as appropriate, the 
State recipient's records and reports, findings from on-site monitoring, 
audit reports, and information generated from the disbursement and 
information system established by HUD. Where applicable, HUD may also 
consider relevant information pertaining to a participating 
jurisdiction's or State recipient's performance gained from other 
sources, including citizen comments, complaint determinations, and 
litigation. Reviews to determine compliance with specific requirements 
of this part will be conducted as necessary, with or without prior 
notice to the participating jurisdiction or State recipient. 
Comprehensive performance reviews under the standards in paragraph (b) 
of this section will be conducted after prior notice to the 
participating jurisdiction.
    (b) Standards for comprehensive performance review. A participating 
jurisdiction's performance will be comprehensively reviewed 
periodically, as prescribed by HUD, to determine:
    (1) For local participating jurisdictions and State participating 
jurisdictions administering their own HOME programs, whether the 
participating jurisdiction has committed the HOME funds in the United 
States Treasury account as required by Sec. 92.500 and expended the 
funds in the United States Treasury account as required by Sec. 92.500, 
and has met the requirements of this part, particularly eligible 
activities, income targeting, affordability, and matching requirements; 
or
    (2) For State participating jurisdictions distributing HOME funds to 
State recipients, whether the State has met the matching contribution 
and other requirements of this part; has distributed the funds in 
accordance with the requirements of this part; and has made such reviews 
and audits of its State recipients as may be appropriate to determine 
whether they have satisfied the requirements of paragraph (b)(1) of this 
section.