Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 24 - Housing and Urban Development |
Subtitle B - Regulations Relating to Housing and Urban Development |
Chapter IX - Office of Assistant Secretary for Public and Indian Housing, Department of Housing and Urban Development |
Part 906 - Public Housing Homeownership Programs |
Subpart D - Program Administration |
§ 906.25 - Ownership interests that may be conveyed to a purchaser.
Latest version.
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§ 906.25 Ownership interests that may be conveyed to a purchaser.
A homeownership program may provide for sale to the purchasing family of any ownership interest that the PHA considers appropriate under the homeownership program, including but not limited to:
(a) Ownership in fee simple;
(b) A condominium interest;
(c) An interest in a limited dividend cooperative;
(d) A shared appreciation interest with a PHA providing financing; or
(e) A leasehold under a bona fide lease-purchase arrangement.