register-bp-component.php

<?php
function mamaduka_register_bp_component( $components, $type ) {
	// Only display custom component when viewing 'All' and 'Optional'.
	if ( ! in_array( $type, array( 'all', 'optional' ) ) ) {
		return $components;
	}

	$components[] = array(
		'bp-select-home' array(
			'title' => __( 'Select Home', 'fp-stroke-community' ),
			'descripttion' => __( 'Component description here', 'fp-stroke-community' ),
		)
	);

	return $components;
}
add_filter( 'bp_core_get_components', 'mamaduka_register_bp_component', 10, 2 );