24 CFR 1000.147 - When does housing qualify as affordable housing under NAHASDA?
(a) Housing qualifies as affordable housing, provided that the family occupying the unit is low-income at the following times:
(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.
Title 24 published on 2014-04-01.
No entries appear in the Federal Register after this date, for 24 CFR Part 1000.