24 CFR 1000.147
§ 1000.147 When does housing qualify as affordable housing under NAHASDA?
United States · 24 CFR — Housing and Urban Development · Status: effective
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- Citation
- 24 CFR 1000.147, § 1000.147 When does housing qualify as affordable housing under NAHASDA?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/102451
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Full text
(a) Housing qualifies as affordable housing, provided that the family occupying the unit is low-income at the following times:
(1) In the case of rental housing, at the time of the family's initial occupancy of such unit;
(2) In the case of a contract to purchase existing housing, at the time of purchase;
(3) In the case of a lease-purchase agreement for existing housing or for housing to be constructed, at the time the agreement is signed; and
(4) In the case of a contract to purchase housing to be constructed, at the time the contract is signed.
(b) Families that are not low-income as described in this section may be eligible under § 1000.104 or § 1000.110.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.