The one Precondition which can be set for a given stream is "Restrict Change set delivery to components in a stream
":
You can see it illustrated in "Restrict user access at component level within a stream".
However, this is a restriction based on the user's role, not the Work Item, so it might not be the kind of hook you are looking for.
Plus, this hook is defined within the customized "Process Configuration" of a "Team Area
", not on the "Project Area" itself (where it doesn't exist).