24 CFR 904.106

§ 904.106 Homebuyers Association (HBA).

United States · 24 CFR — Housing and Urban Development · Status: effective

Cite this

Citation: 24 CFR 904.106, § 904.106 Homebuyers Association (HBA), United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/101675
Permanent ID: ys:prov:101675@1
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Full text

An HBA is an incorporated organization composed of all the families who are entitled to occupancy pursuant to a Homebuyers Ownership Opportunity Agreement or who are homeowners. It is formed and organized for the purposes set forth in § 904.304 of this part. The HBA shall be funded as provided in § 904.305 of this part. In the absence of a duly organized HBA, the LHA shall be free to act without the HBA action required by this subpart.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.