24 CFR 982.629
§ 982.629 Homeownership option: Additional PHA requirements for family search and purchase.
United States · 24 CFR — Housing and Urban Development · Status: effective
Cite this
- Citation
- 24 CFR 982.629, § 982.629 Homeownership option: Additional PHA requirements for family search and purchase, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/102192
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Full text
(a) The PHA may establish the maximum time for a family to locate a home, and to purchase the home.
(b) The PHA may require periodic family reports on the family's progress in finding and purchasing a home.
(c) If the family is unable to purchase a home within the maximum time established by the PHA, the PHA may issue the family a voucher to lease a unit or place the family's name on the waiting list for a voucher.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.