599.501—Period for which Renewal Community designation is in effect.

Any designation of an area as a Renewal Community will remain in effect during the period beginning on January 1, 2002, and ending on the earliest of:
(a) December 31, 2009;
(b) The termination date designated by the State and local governments in their nomination application, if any; or
(c) The date HUD revokes the designation.