Equity Loan

Equity Loan means a loan or advance of credit to the owner of an eligible low income housing project which is made for the purpose of implementing a plan of action approved in accordance with part 248 of this chapter.

Source

24 CFR § 241.1005

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Scoping language

All of the definitions of 241.1 apply to equity and acquisition loans insured under subpart E of this part except the following definitions:

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