24 CFR 906.3
§ 906.3 Requirements applicable to homeownership programs previously approved by HUD.
United States · 24 CFR — Housing and Urban Development · Status: effective
Cite this
- Citation
- 24 CFR 906.3, § 906.3 Requirements applicable to homeownership programs previously approved by HUD, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/101771
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Full text
(a) Any existing section 5(h) or Turnkey III homeownership program continues to be governed by the requirements of part 906 or part 904 of this title, respectively, contained in the April 1, 2002, edition of 24 CFR, parts 700 to 1699. The use of other program income for homeownership activities continues to be governed by agreements executed with HUD.
(b) A PHA may convert an existing homeownership program, or a specific number of the units in such a program, to a homeownership program under this part with HUD approval.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.